January 2026 U.S. Tariff Roundup: Developments And Opportunities

President Trump's trade agenda continues to advance and disrupt in the face of judicial and international scrutiny, prompting importers to seek ways to minimize expenses and risk. Here's what you need to know to catch up on, and respond to, the ever-changing tariff landscape.

Status of the IEEPA Tariff and Duty Refund Cases

As we have advised, in Learning Resources, Inc. v. Trump, the U.S. Supreme Court is weighing the President's authority to impose tariffs under the International Emergency Economic Powers Act of 1977 (IEEPA), 50 U.S.C. § 1702. To date, the President has claimed power under IEEPA to impose "trafficking" tariffs on goods from Canada, Mexico, and China on account of their alleged neglect of fentanyl smuggling or illegal immigration; "reciprocal" tariffs on nearly all countries intending to balance trade deficits; and country-specific primary tariffs on Brazil and secondary tariffs on India in response to the prosecution of a former president and