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Website title: Trade Compliance Resource Hub | Reed Smith LLP

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The European Union has politically agreed on the most ambitious overhaul of its customs framework since the customs union was established in 1968. Across the Channel, the United Kingdom is pursuing its own, though earlier-stage, customs modernisation agenda, the first since its withdrawal from the EU. Together, these reforms will reshape how goods move across Europe’s borders...


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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 P...


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On August 7, 2026, the Committee on Foreign Investment in the United States (“CFIUS”) released its annual report to Congress for calendar year 2025. The report covers 347 covered transactions, consisting of 207 written notices and 140 declarations, that were filed for CFIUS review last year.

CFIUS is an interagency committee authorized to review certain...


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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 industry that is linked to “Covered Foreign Entities,” a list of entities that notably includes China. Impleme...


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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 Secretary of State Marco Rubio rescinded Syria’s State Sponsor of Terrorism (SST) designation after the 45-day Congressional notification period, and Hay’at Tahrir al-Sham (HTS) was delisted as a Specially Designated Global Terrorist (SDGT) organisation and rem...


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