On May 28, the U.S. Court of International Trade (CIT) ruled that the President does not have an “unbounded tariff authority” under the International Emergency Economic Powers Act (IEEPA) to impose tariffs on imports from nearly every country around the world.
Executive Orders 14265 & 14275: Directives Promise a Makeover for the FAR and DFARS
President Trump recently released two Executive Orders (EO) confirming the rumblings of a forthcoming “overhaul” of government contracting regulations. The details of those EOs are below.
On April 9, 2025, EO 14265 “Modernizing Defense Acquisitions and Spurring Innovation in the Defense Industrial Base” directed changes to the Defense Federal Acquisition Regulation Supplement (DFARS) and other updates focused on improving the Department of Defense’s (DoD’s) “speed, flexibility, and execution.”
On April 15, 2025, EO 14275 “Restoring Common Sense to Federal Procurement” directed changes to an even broader range of acquisition regulations, including the Federal Acquisition Regulation (FAR) and its supplements. The focus is similar to EO 14265, with a goal of increasing agility, effectiveness, and efficiency of the procurement system.
The key purpose of this EO is to ensure the FAR contains only provisions required by statute or essential to sound procurement, and that any FAR provisions that do not advance those objectives are removed.
View the complete law bulletin here to learn more about the highlights of these EOs and their expected implementation and timeline.
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