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TRADE & GEOPOLITICAL RISK

Antitrust merger review

Antitrust merger review in Trade and Geopolitical Risk is no longer a purely domestic compliance exercise. The U.S. Department of Justice Antitrust Division and the European Commission Directorate-General for Competition have both signaled heightened scrutiny of cross-border deals with supply chain or dual-use technology components, and the Japan Fair Trade Commission has added its own parallel review timelines to transactions touching semiconductor and critical materials sectors. Compliance teams at multinationals are now coordinating filing strategies across three or more jurisdictions simultaneously, with geopolitical exposure factored into clearance risk assessments from day one.

Watch

  • DOJ Antitrust Division's revised HSR filing requirements taking effect February 2025
  • European Commission Phase II investigations involving foreign-state-linked acquirers in critical sectors
  • JFTC review timelines for semiconductor and rare earth transactions exceeding 30-day standard windows
  • Parallel antitrust and national security review overlap in deals flagged by CFIUS

Recent material activity in Trade & Geopolitical Risk

A selection of recent published briefs; this is not a complete archive.

  • Sep 25, 2026MATERIAL

    CBP mandates eCBP portal submission for organization broker license applications effective September 30, 2026

    CBP issued CSMS 70013692 on September 25, 2026, requiring all organization customs broker license applications to be submitted through the eCBP portal beginning September 30, 2026. Applications delivered by hand, mail, o…

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  • Sep 25, 2026MATERIAL

    CBP opens Q4 2026 tariff rate quota for UK automobiles under the US-UK Economic Prosperity Deal

    CBP published Quota Bulletin 26-510 on September 25, 2026, establishing the fourth-quarter tariff rate quota for automobiles imported from the United Kingdom. The quota period runs October 1 through December 31, 2026, wi…

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  • Sep 25, 2026MATERIAL

    CBP opens Tranche 4 of the 2026 Argentina beef quota on October 1 under a presidential proclamation

    CBP published Quota Bulletin 26-226 on September 25, 2026, opening the fourth tranche of the 2026 Argentina beef quota. The tranche covers October 1 through December 31, 2026, under an 80,000 metric ton annual allocation…

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  • Sep 25, 2026MATERIAL

    CBP publishes Quota Bulletin 26-221 governing condiments and mixed seasonings imports for quota year 2027

    CBP issued Quota Bulletin 26-221 on September 25, 2026, establishing the tariff-rate quota framework for condiments and mixed seasonings for the period October 1, 2026 through September 30, 2027. The bulletin sets Octobe…

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  • Sep 25, 2026MATERIAL

    CBP opens 2027 tariff-rate quota for cocoa powder effective October 1, 2026

    CBP published Quota Bulletin 26-215 on September 25, 2026, establishing the tariff-rate quota for cocoa powder under HTSUS Chapter 18, Additional U.S. Note 1. The quota period runs October 1, 2026 through September 30, 2…

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  • Sep 25, 2026MATERIAL

    CBP opens 2027 HELP Act apparel quota period effective October 1, 2026

    CBP published Quota Bulletin 26-134 on September 25, 2026, opening the Haiti Economic Lift Program Act quota for apparel goods from October 1, 2026 through September 30, 2027. Entries submitted before 8:30 a.m. Eastern T…

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  • Sep 25, 2026MATERIAL

    CBP publishes quota bulletin establishing 2027 mixes and doughs tariff-rate quota opening October 1, 2026

    CBP issued Quota Bulletin 26-222 on September 25, 2026, establishing the tariff-rate quota for mixes and doughs under HTSUS Chapter 19 for the period October 1, 2026 through September 30, 2027. The quota opens October 1,…

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  • Sep 25, 2026MATERIAL

    USITC opens full five-year sunset reviews of antidumping and countervailing duty orders on passenger tires from four countries

    The USITC announced on September 25, 2026 that it will conduct full five-year sunset reviews of antidumping duty orders covering passenger vehicle and light truck tires from South Korea, Taiwan, and Thailand, and the cou…

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  • Sep 25, 2026MATERIAL

    ITC institutes Section 337 investigation into DRAM imports on Netlist patent infringement complaint

    The U.S. International Trade Commission instituted an investigation on September 25, 2026, based on a complaint filed by Netlist, Inc. on August 11, 2026, alleging patent infringement in imported DRAM devices. The compla…

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  • Sep 25, 2026MATERIAL

    WTO panel established to review EU carbon border adjustment mechanism and emissions trading scheme at Russia's request

    The WTO Dispute Settlement Body agreed on September 25, 2026 to Russia's request for a panel to examine the EU's Carbon Border Adjustment Mechanism and an alleged export subsidy under the EU emissions trading scheme. Thi…

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