The Trade Compliance Resource Hub, published by Reed Smith LLP, focuses on legal developments and practical guidance related to international trade compliance. It covers topics such as sanctions enforcement, tariff regulations, customs compliance, export controls, and anti-circumvention measures. The blog addresses regulatory changes affecting global supply chains, including updates on U.S. and EU trade policies, sanctions targeting specific industries or countries, and compliance strategies for businesses operating in complex international environments. It also discusses the impact of geopolitical events on trade restrictions and provides insights into managing risks associated with trade compliance obligations.
Overview
On August 26, 2026, President Trump signed Executive Order 14420 (EO), declaring a national emergency to secure the U.S. bulk-power system and restrict procurement and installation of a broad array of foreign-produced equipment used in the U.S. electric power…
Overview
On 24 August 2026, the United States took coordinated action across its Syria and Iran sanctions programmes. Secretary of State Marco Rubio rescinded Syria’s State Sponsor of Terrorism (SST) designation after the 45-day Congressional notification period, and Hay’at Tahrir…
According to President Trump, “Tariff is the most beautiful word in the dictionary.” Throughout his presidential campaign, Trump promised to use tariffs as a central part of his foreign policy strategy. His America First Trade Policy memorandum also directs the…
On July 7, 2026, OFAC revoked Iran General License X (GL X) and replaced it with General License X1 (GL X1). The waiver, which had been due to run until August 21, lasted barely two weeks. GL X1 is not…
Background
In our publication of 9 April 2026, we analysed the key implications of the proposed EU steel tariff-rate quota (TRQ) regime at a time when interinstitutional (trilogue) negotiations between the European Parliament, the Council, and the Commission were…
Key takeaways:
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Key takeaways
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On 19 May 2026, the Department for Business and Trade (DBT) issued General Trade Licence GBSAN0004 (the Licence), authorising the import into the United Kingdom of certain processed oil products derived from Russian crude oil. The Licence, which comes into…
On April 30, 2026, the U.S. House of Representatives passed the Farm, Food, and National Security Act of 2026 (H.R. 7567). The legislation extends agricultural programs through 2031 and contains significant national security elements, beyond the headline coverage of food…
On 4 May 2026, the European Commission published what is expected to be the final simplification package for the EU Deforestation Regulation (EUDR), before it starts to apply on 30 December 2026 for most companies. The EUDR requires that seven…
