IEEPA June 9 Hearing Recap: According to reports from multiple sources, including the Liberty Justice Center, the June 9 Court of International Trade hearing focused exclusively on the process for issuing refunds of unlawfully collected IEEPA tariffs—not whether refunds are owed. Judge Eaton reiterated that the Supreme Court has already ruled the tariffs unlawful and emphasized that importers are entitled to full refunds with interest, noting that ongoing government appeals are delaying payments. CBP reported significant progress through its CAPE refund system, with approximately $95 billion of the estimated $166 billion in collected duties already in processing and roughly $23 billion transmitted to Treasury for payment. Additional CAPE functionality covering reconciliation entries is expected by June 29, while solutions for finally liquidated entries and other specialized categories remain under development. The court also highlighted the importance of ensuring small businesses—which represent the vast majority of affected importers—have a practical path to obtaining refunds without litigation. A follow-up status conference is scheduled for June 11, with further guidance expected on processing the remaining refund categories, which we will supply as available.

CBP Webinar on ACE Portal Account Set Up: CBP’s Office of Trade will host a free webinar, How to Set Up and Manage an ACE Portal Account, on Wednesday, June 17, 2026, at 11:00 a.m. ET. The session will cover ACE Portal account setup, new Webforms, Trade Account Owner functionality, common questions, and recent portal improvements. Registration is required, and webinar access will be sent to registrants the day before the event. Seats are limited and available on a first-come, first-served basis. To register, please click here.

USMCA Update: President Trump made statements this week that he is not anticipating renewing the USMCA agreement prior to the July 1 review date, halting some momentum from last weeks discussions that were held separately with Mexican and Canadian trade officials. Bi-lateral talks are scheduled between the US and Mexico on June 16 and 17 in Washington DC, with a third roud during the week of July 20 in Mexico City. There are no official dates for discussions with Canada at at this time. By July 1, 2026, all three member countries must indicate whether they intend to extend the agreement in its current form or pursue amendments. If there is no consensus, the agreement will continue as written, subject to annual reviews over the following ten years, with the expiration date of the agreement set at July 1, 2036. We will continue to provide updates on this key trade agreement. The good news is that USMCA eligible products continue to remain exempt from the various tariffs that the Administration has implemented.

EU–USA Trade Agreement: Despite recent tariff proposals from the USA side based on last week’s Section 301 announcements, the European Union is expected to vote on the EU-US trade deal through a vote in their parliament on June 16. President Trump has indicated that higher tariffs could be imposed if an agreement is not reached by July 4,  thus the EU is working to complete the process before the 4^th. We will continue to monitor developments and report updates as they become available.

Chile Pass Closure: Earlier this week the international pass connecting Chile and Argentina was closed due to inclement weather. Weather conditions were expected to improve as the week progressed, and traffic is now reported moving once again. Please plan on increased time if you have cargo transiting the region during this winter season in South America.

Transatlantic Service Disruptions: Schedule reliability within the Ocean/Premier Alliance network continues to present challenges, with multiple blank sailings planned on U.S. trade lanes over the next six weeks. These disruptions are expected to cause delays and cargo rollovers for shipments originating in Europe. At the same time, carriers are reporting strong demand, with vessels operating at or near full capacity through mid-July. Customers are encouraged to plan shipments as far in advance as possible to minimize potential disruptions. WSSA maintains contractual relationships with all major carriers and is available to assist with any questions, booking concerns, or specific transportation requirements.

LCL Services from France, Italy, and Spain/Portugal – SUMMER UPDATE! Bi-monthly departures continue from each of these countries for your small shipments, offering a per case rate from point of pick up to the Alba Wine and Spirits warehouse in Edison New Jersey. For the summer months, all containers will be temperature controlled insuring your cargo is protected from summer heat. Shipments from other European countries can be added into the mix, with pick-ups offered in most European countries. Please let us know if you need any further information!