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TRADE & GEOPOLITICAL RISK

Buy American Act compliance

Buy American Act compliance sits at the center of Trade and Geopolitical Risk right now, with the U.S. Department of Defense and the Federal Acquisition Regulatory Council tightening domestic content thresholds under FAR Part 25 and the January 2022 final rule that raised the domestic content requirement to 60 percent, with a path to 75 percent by 2029. The U.S. Trade Representative holds parallel authority over waiver conditions and reciprocal trade agreement exceptions that directly affect how multinational suppliers qualify components. Compliance teams are actively re-mapping bill-of-materials documentation and vendor certifications against the stepped thresholds before each contract renewal cycle.

Watch

  • FAR Part 25 domestic content threshold stepping to 65 percent in 2024
  • DoD class deviation waivers: which product categories still qualify and for how long
  • USTR reciprocal agreement exceptions that offset BAA requirements for allied-nation suppliers
  • End-product vs. component-level certification disputes surfacing in GAO bid protests

Recent material activity in Trade & Geopolitical Risk

  • Sep 4, 2026MATERIAL

    ITC lifts partial suspension of exclusion and cease-and-desist orders covering photodynamic therapy systems under Sun Pharma patent

    The U.S. International Trade Commission granted Sun Pharmaceutical Industries' request on September 4, 2026 to lift the partial suspension of enforcement of a limited exclusion order and cease-and-desist orders tied to U…

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  • Sep 4, 2026MATERIAL

    USITC adds AnaBio Technologies Unlimited Company as respondent in coated confectionery Section 337 investigation

    The U.S. International Trade Commission declined to review an administrative law judge's initial determination on September 4, 2026, granting an unopposed motion to amend the complaint in an active Section 337 investigat…

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  • Sep 4, 2026MATERIAL

    HMRC updates CDS BIRDS and CCR completion instructions to accept EU EORI numbers from 4 July 2026

    HMRC updated the Customs Declaration Service BIRDS and Customs Clearance Request completion instructions on 4 September 2026. The revision accepts EU-country EORI numbers in specified data elements from 4 July 2026 and p…

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  • Sep 4, 2026MATERIAL

    HMRC updates CDS Customs Clearance Request completion guide for inventory exports to reflect BIST creation and EU EORI acceptance

    HMRC published an updated Data Element Completion Guide on September 4, 2026 for Customs Declaration Service Customs Clearance Requests covering inventory exports only. The update reflects the creation of the Department …

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  • Sep 4, 2026MATERIAL

    HMRC updates UK import and export prohibitions guidance to reflect new Department for Business, Innovation, Science and Trade

    The UK government updated its standing guidance on import and export prohibitions and restrictions on September 4, 2026. The update reflects the creation of the Department for Business, Innovation, Science and Trade (BIS…

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  • Sep 4, 2026MATERIAL

    HMRC updates CDS Appendix 5A National document codes with multiple additions, deletions, and amendments effective across several dates

    HMRC published an updated Customs Declaration Service Data Element 2/3 Appendix 5A National on 4 September 2026, consolidating multiple document code changes. The update adds new codes, removes deprecated codes, and amen…

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  • Sep 4, 2026MATERIAL

    HMRC updates CDS Appendix 5C licence-type code tables with three new document codes effective September 2026

    HMRC published an update to the Customs Declaration Service Data Element 2/3 Appendix 5C guidance on 4 September 2026, adding document codes X803, L159, and 9L51 to the declarable licence type set. The update also rename…

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  • Sep 4, 2026MATERIAL

    Dutch Customs activates Digital Dossier for DECO declarations on 19 September 2026

    Dutch Customs published a notice on 4 September 2026 announcing that the Digital Dossier system will become available for DECO declarations on 19 September 2026. From that date, declarants must submit supporting document…

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  • Sep 4, 2026MATERIAL

    CBIC mandates structured customs checklists for cosmetics, drugs, and medical devices at PGA-facilitated import clearance

    India's Central Board of Indirect Taxes and Customs issued Circular 40/2026 on September 3, 2026, requiring customs officers to complete mandatory compliance checklists before granting out-of-charge on Partner Government…

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  • Sep 4, 2026MATERIAL

    India CBIC amends EMI Scheme documentation requirements, rationalizing importer compliance obligations under customs circular

    India's Central Board of Indirect Taxes and Customs issued Circular 39/2026-Customs on September 3, 2026, amending the documentation framework for the Eligible Manufacturer Importer Scheme established in February 2026. T…

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