Recognized among the world’s leading international trade practices, Baker Botts provides a multidisciplinary approach to the most complex cross-border challenges. On February 20, 2026, the U.S. Supreme Court issued its decision in Learning Resources, Inc. et al v. Trump, ruling 6-3 that President Trump exceeded his statutory authority under the International Emergency Economic Powers Act (IEEPA). Read our summary of the Supreme Court's tariff ruling.

While the legal invalidation of IEEPA duties provides a mechanism to reclaim duties paid, it also marks a transition into a more fragmented and aggressive trade enforcement era and necessitates an immediate shift in corporate trade strategy.

To help clients navigate the shifting regulatory environment, Baker Botts has formed a multidisciplinary Tariff & Trade Strategy Task Force, a coordinated team of Global Projects, Litigation, Corporate and Tax lawyers who work together across jurisdictions to address the full spectrum of international trade challenges.