February 2026
Featured Stories
Stay informed with the latest updates by following these important stories.
IEEPA tariff decision prompts flood of correction tools for refunds, customs entries
Following the Supreme Court’s decision rejecting the use of the International Emergency Economic Powers Act (IEEPA) to collect an estimated $175 billion in tariffs, importers are scrambling to determine what refunds they may be owed and how to claim them. With the refund process still unclear and likely headed to the U.S. Court of International Trade, a wave of new software tools from providers like Flexport, Wove, Amari AI, Reform, and Pallet is helping brokers and importers calculate potential refunds and prepare post-summary corrections in ACE. As the administration pivots to new tariffs under Section 122 authority, this article breaks down the available tools, the steps importers should take now, and the legal uncertainties ahead.
FedEx sues for tariff refund as Trump threatens new ‘obnoxious’ levies
Global shipping leader FedEx has filed suit in the United States Court of International Trade seeking a full refund of tariffs imposed under the International Emergency Economic Powers Act (IEEPA), just days after the Supreme Court of the United States ruled the duties unconstitutional. Represented by Crowell & Moring, which is also handling similar cases for Costco, Revlon, and EssilorLuxottica. FedEx is challenging billions in collected tariffs and escalating the legal battle over refunds. As retailers push for swift reimbursement and President Trump signals plans to pursue new tariffs under Section 122 authority, this article breaks down the lawsuit, the financial stakes, and what could come next for importers.
Shipper purchase orders hold steady despite tariff uncertainty
Despite ongoing tariff uncertainty and shifting trade policy, cargo volumes at the Port of Los Angeles remain relatively stable, according to Executive Director Gene Seroka. While January volumes were down year over year, advance purchase orders to Asia suggest shippers are maintaining typical seasonal patterns. With the Supreme Court of the United States recently striking down the administration’s use of IEEPA tariffs, and key developments ahead, including a potential meeting between Donald Trump and Xi Jinping and the upcoming review of the United States-Mexico-Canada Agreement, this article examines what port data, policy shifts, and global negotiations signal for supply chains in 2026.
‘A deal is a deal’: EU halts US pact over Trump’s new global tariff
The European Union has paused implementation of its framework trade deal with the United States following the Supreme Court of the United States decision striking down tariffs imposed under IEEPA. After Donald Trump announced a new 10 percent global tariff and signaled it could rise to 15 percent under Section 122 authority, EU officials said they need full clarity before moving forward. With the European Commission and the European Parliament reassessing next steps and questions lingering over how new tariffs interact with prior framework agreements and Section 232 sector duties, this article explores what the pause means for transatlantic trade stability and future tariff negotiations.
Why ships could be Trump’s not-so-secret tariff weapon
The White House’s Maritime Action Plan could give Donald Trump a powerful new revenue tool after the Supreme Court of the United States limited his emergency tariff authority. The proposal would impose weight based fees on containerized imports arriving on foreign built ships, potentially raising up to 1.5 trillion dollars over 10 years. Critics warn the move could function as a broad tax on global trade, increasing landed costs and disrupting supply chains, while supporters frame it as a way to rebuild U.S. shipbuilding capacity. With reaction from Gene Seroka of the Port of Los Angeles and guidance from Maersk urging compliance pending further clarity, this article examines the potential impact of the proposed cargo fees on ocean carriers, importers, and contract negotiations.
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