Supreme Court · Feb 20, 2026 — Est. $130B IEEPA tariff refunds at stake — CAPE portal open$130B IEEPA refunds — CAPE portal open
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Current analysis on trade law, immigration policy, and regulatory shifts that affect your exposure before they reach the news. All citations sourced and dated.
Last updated: April 27, 2026
Featured — Live Development
April 27, 2026 · 10 min read
The Supreme Court Struck Down IEEPA Tariffs. $130 Billion in Refunds Is at Stake. Here Is What Importers Must Do Now.
On February 20, 2026, the U.S. Supreme Court ruled that President Trump's use of the International Emergency Economic Powers Act to impose tariffs was unlawful. More than 2,000 lawsuits have already been filed at the Court of International Trade in Manhattan by companies including FedEx and L'Oréal. The $130B+ refund window is open — but CBP has not yet established a formal reprocessing mechanism, and the statute of limitations is running. Importers who paid IEEPA tariffs between 2025 and the ruling date need a forensic duty review now, not when the process is formalized.
April 27, 2026 · 7 min read
Section 301 vs. IEEPA Recovery: The Forensic Audit Checklist for CFOs
Two separate refund frameworks are now running simultaneously — Section 301 China tariff exclusion refunds and the new IEEPA recovery window created by the Supreme Court's February 20 ruling. They have different documentation requirements, different protest deadlines, and different litigation risks. Most importers do not have the internal capacity to distinguish them. This checklist gives CFOs and import managers a starting point for identifying which category their exposure falls into and what documentation CBP requires for each.
April 20, 2026 · 8 min read
Court of International Trade: When to File, When to Wait, and How the Process Works
The U.S. Court of International Trade in Manhattan is the only Article III court with nationwide jurisdiction over customs and import matters. More than 2,000 cases have been filed there since the IEEPA ruling. Filing at the CIT is not a last resort — it is often the only enforceable mechanism for securing a refund before CBP establishes a formal reprocessing pipeline. This article explains jurisdiction, the protest process, how CIT litigation works in parallel with administrative remedies, and what timeline importers should plan around.
April 26, 2026 · 8 min read
The USTR Just Opened Two New Section 301 Investigations. Your Supply Chain Is in the Window.
On April 15, 2026, public comments closed on dual USTR Section 301 investigations targeting structural excess capacity across 16 economies and forced labor enforcement failures in 60 economies. Hearings run April 28 through May 8. The last time the USTR ran Section 301 hearings this broad, $300B+ in tariffs followed. Importers with Chinese, Vietnamese, or South Asian supplier concentrations need a forensic classification review before the hearing record closes.
February 25, 2026 · 6 min read
The $800 De Minimis Exemption Is Gone. Every Importer Is Now a Formal Entry.
Effective February 25, 2026, the administration suspended duty-free de minimis treatment globally — ending the $800 threshold exemption that allowed hundreds of millions of low-value shipments to enter without formal customs entry. Every shipment now faces duties regardless of value. E-commerce importers, dropshippers, and cross-border retailers face immediate cost and compliance exposure.
April 2026 · 5 min read
CBP Enforcement Is No Longer Routine. The DOJ Trade Task Force Is Escalating.
The DOJ Trade Task Force has accelerated criminal and civil cases targeting transshipment, customs fraud, and false country-of-origin declarations. CBP is now deploying AI in entry targeting. Companies that restructured supply chains to avoid tariffs without proper documentation are at elevated risk. If you moved sourcing in 2024 without updating import records, you have a problem.
April 15, 2026 · 6 min read
EB-5 from India Is Heading Toward Retrogression. The May 2026 Visa Bulletin Is a Warning.
The State Department flagged surging Indian demand in the May 2026 Visa Bulletin, warning that EB-5 availability for India may retrogress or become unavailable if current trends continue. China advanced again in the unreserved category in April. Investors in queue or considering filing need to act before the category closes. Reserved categories — which remain current for all countries — represent an open window now.
February 2026 · 8 min read
Arizona Has Licensed 116 ABS Entities. KPMG Is One of Them.
As of December 31, 2024, the Arizona Supreme Court had granted 116 initial ABS licenses — and approvals have continued into 2026. The KPMG approval validated the model. Non-lawyers can now hold majority economic interest in a licensed Arizona law firm. The application fee is $6,000 with $3,000 annual renewal. Background checks are required for all persons with 10% or greater interest. This is the most significant structural change in U.S. legal services in decades.
April 2026 · 5 min read
CFIUS Is Now Reviewing Foreign Real Estate Deals That Were Never on Its Radar Before.
The NDAA for FY2026 expanded CFIUS jurisdiction over foreign investment in U.S. real estate — including agricultural land and infrastructure near sensitive sites. The Treasury Department has adopted a more assertive posture on both inbound and outbound capital. Foreign nationals structuring U.S. acquisitions without CFIUS counsel are operating without visibility into their approval risk.
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USTR Federal Register Activity
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Initiation of Second Four-Year Review Process: China's Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation
The U.S. Trade Representative is commencing the second, statutory four-year review of the two actions taken under Section 301 of the Trade Act of 1974, as amended (Trade Act), in the investigation of
Request for Comments on the Modernization of the African Growth and Opportunity Act (AGOA)
The Office of the United States Trade Representative (USTR) invites comments from interested parties to inform the development of trade policy recommendations on the modernization of the African Growt
Publication of 2026 Tariff-Rate Quota Quantitative Limits Under the United States-Australia Free Trade Agreement
In accordance with the United States-Australia Free Trade Agreement entered into by the United States and the Commonwealth of Australia, the Office of the United States Trade Representative is providi
Invitation for Applications for Inclusion on the Facility-Specific Rapid Response Labor Mechanism Dispute Settlement Roster for the United States-Mexico-Canada Agreement
The United States-Mexico-Canada Agreement (USMCA) requires the maintenance of a roster of individuals who would be available to serve as panelists for specialized labor panels. The Office of the Unite
Notice of Continuation and Request for Applications for the Industry Trade Advisory Committees; Correction
The Secretary of Commerce and the United States Trade Representative (Trade Representative) published a document in the Federal Register of March 12, 2026, concerning application for qualified individ
Initiation of Section 301 Investigations: Acts, Policies, and Practices of Certain Economies Relating to Structural Excess Capacity and Production in Manufacturing Sectors
The United States Trade Representative (Trade Representative) has initiated investigations under Section 301 of the Trade Act of 1974 regarding the acts, policies, and practices of certain economies r
Initiation of Section 301 Investigations of Acts, Policies, and Practices of Various Economies Related to the Failure To Impose and Effectively Enforce a Prohibition on the Importation of Goods Produced With Forced Labor
The U.S. Trade Representative (Trade Representative) is initiating investigations with respect to acts, policies, and practices of the economies listed in Annex A of this notice related to the failure
Notice of Continuation and Request for Applications for the Industry Trade Advisory Committees
The Secretary of Commerce and the United States Trade Representative (Trade Representative) expect to establish a new four- year charter term and are accepting applications from qualified individuals
Disclaimer: The content on this page reflects publicly available information and Gravitas counsel analysis as of the dates noted. It does not constitute legal advice and does not create an attorney-client relationship. For advice specific to your matter, contact us directly.
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