Tariffs, Regulatory Changes and Compliance Risks Top Business Aviation Agenda

International Trade and Aviation attorney Jonathan Epstein was highlighted in an article recapping the 2026 NBAA Business Aviation Convention & Exhibition (NBAA-BACE), which featured presentations on the key regulatory and legislative developments affecting the business aviation community. Jonathan's session focused on the U.S. tariff environment, which has undergone significant changes in the past two years and has created uncertainty for aircraft operators, manufacturers and buyers. He told attendees that though International Emergency Economic Powers Act (IEEPA) tariffs are no longer effective, the back-and-forth to get to that point means it's important to monitor trade policy and stay attuned announcements from Washington, D.C. He also addressed international restrictions, including those pertaining to Venezuela and Syria, challenges resulting from fuel shortages and Office of Foreign Assets Control (OFAC) sanctions. Emphasizing that "contract clauses are not due diligence," Jonathan underlined the need for robust risk management in aircraft transactions to keep up with domestic and global compliance requirements.

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