Krieger Worldwide Industry News: Week of Jan. 13, 2026

President Trump Announces 25% Tariff on Trading Partners of Iran

On Monday, Jan. 12, 2026, President Donald Trump announced a new 25% tariff on all countries conducting business with Iran.
Trump shared the directive via Truth Social, stating, “Effective immediately, any Country doing business with the Islamic Republic of Iran will pay a Tariff of 25% on any and all business being done with the United States of America. This Order is final and conclusive.”

As of the morning of Jan. 13, 2026, the White House has yet to release a formal executive order or official directive regarding the new tariffs. Currently, no additional details have been provided beyond the president’s social media post.

Periodic Monthly Statement (PMS) Due Dates for 2026
Please see the attachment for the periodic monthly statement (PMS) due dates for 2026. Switching to PMS allows importers to consolidate duties and fees into a single monthly payment, which can streamline cash flow management and reduce administrative overhead. By deferring payments until the 15th working day of the following month, businesses can maintain better liquidity and gain more flexibility over their working capital.

Reminder: Electronic Refunds Are Mandatory Effective Feb. 6, 2026

Effective Feb. 6, 2026, U.S. Customs and Border Protection (CBP) will issue all refunds electronically via automated clearing house (ACH), subject to limited exceptions. This change is mandated by the electronic refunds interim final rule published in the Federal Register.

• Paper refund checks will no longer be issued. All refunds will be processed electronically through ACH.
• Refund recipients must have active Automated Commercial Environment (ACE) portal access with an importer subaccount.
• ACH banking information must be entered in the ACE portal under the ACH “Refund Authorization” tab to receive refunds.
• The first step to opening an ACE account is to update your company’s CF 5106 form to ensure that the contact email is correct, as after the ACE application is completed, a verification email will be sent to the email CBP has on file via the 5106.

Importers Without US Bank Account

Importers without a U.S. bank account must open a U.S. bank account or designate a customs broker with a U.S. bank account using CBP Form 4811.

Important Compliance Notes

• Once the ACH refund application is approved in ACE, all future refunds will be issued electronically to the designated U.S. bank account.
• Failure to provide the required ACH banking information will result in refund rejection.
• Rejected refunds will not accrue interest.
• To reissue a rejected refund, the importer must complete the ACH “Refund Authorization” tab in ACE and notify CBP’s refunds team at frn-achrefundsupport@cbp.dhs.gov.

Consumer Product Safety Commission E-Filing

If you import any of the Consumer Product Safety Commission (CPSC) product categories of interest listed below, you are strongly recommened to watch this recording of last week’s CPSC webinar on the new e-filing requirement that becomes effective July 8, 2026. CPSC also offers multiple resources that importers and trade partners can view to familiarize themselves with e-filing processes. All resources can be accessed in CPSC’s document library.

Children’s Product Certificate

Under U.S. law, a children’s product is defined as a consumer product designed or intended primarily for children 12 years of age or younger. In making this determination, the Consumer Product Safety Commission considers several factors, including:

• Manufacturer intent, including statements or labeling describing the product’s intended use, provided those statements are reasonable
• Marketing and presentation, including how the product is packaged, displayed, promoted or advertised for children ages 12 and under
• Consumer perception, meaning whether the product is commonly recognized by consumers as intended for use by children 12 years of age or younger
• CPSC Age Determination Guidelines, issued by commission staff in January 2020, and any subsequent updates to those guidelines.

See this list of CPSC FAQs for children’s products to determine if the product you import is subject to a General Certification of Conformity (GCC) Certificate or a Children’s Product Certificate (CPC).

Products that are subject to the Children’s Product Certificate include, but are not limited to:

• Children’s products
• Art sets
• Toys
• Pacifiers and rattles
• Backpacks and school supplies
• Clothing
• Sleepwear
• Outerwear
• Infant articles
• Imitation jewelry
• Cribs
• Other durable furniture
• Infant sleep products
• Safety gates
• Baby carriages
• Stationary activity centers

General Certification of Conformity Products Categories

Below is a list of products and their corresponding product safety rules, which require e-filing certification via a General Certification of Conformity.