From AFOA’s General Counsel, Olsson Frank Weeda:

We are pleased to share that our trade updates are resuming. HERE you will find the most recent client memorandum providing a high-level overview of recent developments that have occurred between October 15, 2025, and November 5, 2025.

A separate client memorandum discussing the landmark Supreme Court case and potential tariff refund options will be issued shortly after today’s oral arguments are concluded. Here is the live audio link for those seeking to hear the arguments directly that begin at 10 a.m. ET: https://www.supremecourt.gov/oral_arguments/live.aspx.

We will continue to monitor closely and will report all significant developments to you. In the interim, please do not hesitate to reach out to us with questions or requests for additional information.