
IEEPA Refund Developments Client Alert – March 2, 2026 We are providing an update on obtaining IEEPA tariff refunds that follows our February 21, 2026 client alert concerning the Supreme Court decision. Since that alert, various importers have attempted to file Post Summary Corrections (PSCs) for unliquidated entries, and the U.S. Customs and Border Protection (CBP) has…

The U.S. tariff landscape has shifted again fast, decisively, and with direct consequences for every importer operating into the United States. Following the Supreme Court’s rejection of the Administration’s IEEPA based “reciprocal tariff” program, the White House has executed a rapid pivot to a different legal authority: Section 122 of the Trade Act of 1974,…

A Country‑by‑Country Intelligence Report by Peacock Tariff Consulting The global trade environment experienced a structural recalibration on January 1, 2026, as multiple jurisdictions implemented new tariff schedules, HS classification updates, import controls, and sector‑specific regulatory frameworks. For North American SMEs, these changes reshape cost structures, compliance obligations, and competitive positioning across key markets. Peacock Tariff…

The escalating China-Japan dispute over rare earths is a textbook case of modern supply-chain weaponization: one that is reshaping regional trade dynamics in Asia and accelerating a broader rethinking of U.S. and allied industrial strategy. Over the past several years, China has steadily expanded its export-control toolkit in response to U.S. tariff actions and broader…

The global surge in artificial intelligence development has triggered one of the most significant supply crunches the semiconductor industry has ever faced. As companies race to build larger, more capable AI models, the demand for high‑performance memory chips has skyrocketed far beyond what manufacturers can currently supply. High‑bandwidth memory (HBM), DRAM, and NAND flash once…

Background and Strategic Importance The United States and Indonesia have long maintained a complex trade relationship. Indonesia, Southeast Asia’s largest economy, is a critical partner for Washington’s Indo-Pacific strategy. With a population of over 270 million and a rapidly growing middle class, Indonesia represents both a major export market and a strategic counterweight to China’s…

CBP’s Intensified Focus on HS Code Compliance U.S. Customs and Border Protection (CBP) has transformed HS code compliance from a technical requirement into a frontline enforcement priority. Every manifest must now include valid six‑digit HS codes paired with precise cargo descriptions that match the classification. Vague or generic terms such as “parts,” “miscellaneous goods,” or…

Costco’s lawsuit against the U.S. government over tariffs is more than a corporate safeguard it’s a pivotal domino in a chain reaction that could reshape American retail, global trade, and presidential authority. With billions at stake, the case has shifted sentiment toward a Supreme Court ruling that may strike down the tariffs altogether. Background: The…

A Trade Milestone That Hits Home For decades, Canada has been the United States’ most dependable export market a steady, predictable buyer of American goods that anchored North American trade. That reality shattered in 2025 when Mexico imported $226.4 billion worth of U.S. goods between January and August, overtaking Canada for the first time in…

The Auto Industry Is Being Rewired And the World Is Fighting to Keep Its Share The global auto industry is no longer just about engineering, innovation, or consumer demand it’s about geopolitics, tariffs, and survival. In 2025, the United States unleashed a sweeping industrial strategy that combined 25% tariffs on imported vehicles and components with…