THE CARMICHAEL COMPASS: ISSUE 26-037 – September 24, 2026

Secondary Tariffs on Russian Oil Customers Bill Clears Congress, is Signed The final congressional hurdle for Lindsey Graham’s Sanctioning Russia and Iran Act has been cleared. A vote of 262-159 in the House of Representatives on Wednesday, September 16, sent the bill on to the desk of President Trump who signed the bill on September 18. The bill turned law …

THE CARMICHAEL COMPASS: ISSUE 26-036 – September 17, 2026

CBP Releases Guidance on Modifications to Section 338 On Friday, September 11, CBP released guidance on the modifications to Section 338 announced via Presidential proclamation on September 8. These modifications are effective as of 12:01 AM ET on September 15 and include a selection of tariffs that have been removed from the orders as well as a slew of new …

THE CARMICHAEL COMPASS: ISSUE 26-035 – September 9, 2026

Multiple Proclamations Bring Section 338 Changes in the Wake of Canadian Retaliation On September 8, President Trump released a series of proclamations altering the Section 338 tariffs on Canada. Three of the proclamations include import bans for certain Canadian imports related to motor vehicles, dairy products, and alcoholic beverages. The other two proclamations contain modifications to the Section 338 tariffs …

THE CARMICHAEL COMPASS: ISSUE 26-034 – September 4, 2026

Section 232 Duties on Unmanned Aircraft Systems Go Into Effect The new Section 232 tariffs on Unmanned Aircraft Systems have gone into effect as of 12:01 AM ET on September 3. CBP issued guidance on the duties via CSMS message on Wednesday, September 2. Unmanned aircraft, docking stations, and parts for the docking stations, parts or components for use with …