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News & Events
Tariffs Return Through the Front Door: USTR Launches New Section 301 Probes
On March 11, 2026, the Office of the United States Trade Representative (USTR) initiated new investigations under Section 301 of the Trade Act of 1974 to examine whether the acts, policies, or practices of several major trading partners relating to structural excess capacity and production in manufacturing sectors burden or restrict U.S. commerce.
Tariffs Return, Again: USTR Expands Section 301 Push with Forced Labor Probes
On March 12, 2026, the Office of the United States Trade Representative (USTR) initiated a second round of Section 301 investigations, this time focusing on whether major trading partners have failed to maintain or enforce meaningful restrictions on forced labor in a manner that burdens or restricts U.S. commerce.
FAR Council Proposes Rule Restricting Certain Semiconductor Products and Services
The Federal Acquisition Regulatory (FAR) Council published a proposed rule on Feb. 17, 2026, to implement Section 5949 of the FY 2023 National Defense Authorization Act (NDAA).
Trump Administration Provides "Sovereign Backstop" Reinsurance Facility for Persian Gulf Maritime Shipping
On Mar. 6th, President Donald J. Trump issued, “effective immediately”, a directive ordering the U.S. International Development Finance Corporation (“DFC”) to act as a federal “sovereign backstop” for qualified private insurance companies providing Hull & Machinery and Cargo coverage to shipping companies operating in the Persian Gulf.