Trusted Senders are still subject to SPF/RDNS checks to prevent spammers using your list of trusted users to deliver spam to your inbox directly. As such, the majority of the time these issues are caused by a problem with DNS lookups, and I would start there. Check the Delivery/SMTP logs for signs that lookups are failing, and you can test for resolution by temporarily switching to another or public DNS server.
Kyle Kerst
Acting IT Manager
SmarterTools Inc.
www.smartertools.com