A group of 44 leading economists, including former Treasury Secretary Janet Yellen and four Nobel Prize winners, filed an amicus brief at the Supreme Court on Oct. 23 to contest President Donald Trump's reciprocal tariffs, arguing that the threat underlying the tariffs, sustained trade deficits, don't amount to an "unusual and extraordinary" threat to the U.S. economy, as required by the International Emergency Economic Powers Act (Donald J. Trump v. V.O.S. Selections, U.S. 25-250) (Learning Resources v. Donald J. Trump, U.S. 24-1287).
Although it's mainly a framework at present, Italy's AI Act (Law No. 132/2025) represents a "sophisticated regulatory approach" that could influence other EU countries and the U.K., lawyers said recently. The country was the first to adopt the EU AI Act into national law.
Twenty-seven amicus briefs were filed at the Supreme Court on Oct. 24 in opposition to the ability of President Donald Trump to impose tariffs under the International Emergency Economic Powers Act, bringing to 35 the total number of amicus briefs filed at the high court against the tariffs. The amici are a mix of law professors, current and former government officials, policy advocacy groups, economists and individual companies.
President Donald Trump signed trade deals with Cambodia and Malaysia, leaving 19% tariffs on both Cambodian and Malaysian goods, with some carve-outs for tropical fruits and woods, minerals, and some goods covered by pending Section 232 investigations, such as aviation parts and chemicals used to make pharmaceuticals. The 19% tariffs layer on top of most-favored nation rates, which, in the case of apparel and shoes that dominate Cambodia's top exports, are already quite high.
The Customs Rulings Online Search System (CROSS) was updated on Oct. 17 with the following headquarters rulings (ruling revocations and modifications will be detailed elsewhere in a separate article as they are announced in the Customs Bulletin):
A group of 44 leading economists, including former Treasury Secretary Janet Yellen and four Nobel Prize winners, filed an amicus brief at the Supreme Court on Oct. 23 to contest President Donald Trump's reciprocal tariffs, arguing that the threat underlying the tariffs, sustained trade deficits, don't amount to an "unusual and extraordinary" threat to the U.S. economy, as required by the International Emergency Economic Powers Act (Donald J. Trump v. V.O.S. Selections, U.S. 25-250) (Learning Resources v. Donald J. Trump, U.S. 24-1287).
Twenty-seven amicus briefs were filed at the Supreme Court on Oct. 24 in opposition to the ability of President Donald Trump to impose tariffs under the International Emergency Economic Powers Act, bringing to 35 the total number of amicus briefs filed at the high court against the tariffs. The amici are a mix of law professors, current and former government officials, policy advocacy groups, economists and individual companies.
The Supreme Court on Oct. 23 expanded the time for oral argument in the lead cases on the legality of tariffs imposed under the International Emergency Economic Powers Act, giving each side 40 minutes to make their cases. However, the court said the parties challenging the tariffs, which are two groups of importers and one group of 12 U.S. states, shall split their time evenly between the private parties and the U.S. states (Donald J. Trump v. V.O.S. Selections, U.S. 25-250) (Learning Resources v. Donald J. Trump, U.S. 24-1287).
The Court of International Trade on Oct. 22 denied the government's motion to stay judicial proceedings in a lawsuit from various seafood importers against the National Marine Fisheries Service's comparability findings of 240 fisheries across 46 nations. While the U.S. said the case should be stayed due to the federal government shutdown, Judge Joseph Laroski said the government's concerns regarding the shutdown, "while substantial, do not outweigh the urgency of judicial review" in this case due to the harm alleged by the importers (National Fisheries Institute v. United States, CIT # 25-00223).
After President Donald Trump posted that he was terminating all trade negotiations with Canada because the government paid for a pro-free-trade ad to air in the U.S., Canadian Prime Minister Mark Carney told reporters that Canada is ready to resume talks whenever the U.S. is ready.