Companies that import Japanese steel under exclusions that spare them from having to pay 25% tariffs will be filling tariff rate quotas when they bring the goods in, the Commerce Department confirmed. The department's initial release said exclusions would continue, but was silent on whether they would count against the quota (see 2202070064). Under the European Union deal, excluded products did not count toward the tariff rate quotas.
Alaska's two Republican senators, Dan Sullivan and Lisa Murkowski, introduced a bill that would ban the import of Russian seafood products. Russia doesn't import U.S. seafood products anymore, in retaliation for sanctions Western nations imposed after Russia invaded Crimea, part of Ukraine, a region that it later annexed. The bill, which the senators announced Dec. 11 but introduced earlier this week, is called the U.S.-Russian Federation Seafood Reciprocity Act.
To help prevent someone from selling stolen goods on a marketplace, California, Florida, Massachusetts, New Hampshire, Ohio, and Washington state legislators have proposed bills that would require marketplaces to obtain and share the names and contact information of high-volume marketplace sellers.
Ohio's two senators and Sen. Bob Casey, D-Pa., are asking the commerce secretary and U.S. trade representative to convince Canada and Mexico "to either reduce their exports of down-stream GOES products to the United States, or utilize more U.S. GOES in the production of those products." In a letter that leaned heavily on the Commerce Department's conclusion that the import of transformer components from neighboring countries is a national security threat, they said grain-oriented electrical steel (GOES) is produced by Cleveland-Cliffs in two locations in Ohio and Pennsylvania, and supports 2,000 jobs. When a 25% tariff was imposed on steel, the market shifted so that cores, core parts and laminates became the imports for transformers, rather than the steel. Imports of GOES dropped by 56% the year after the tariffs began.
The U.S. is seeking formal consultations over how Mexico is enforcing laws aimed at protecting the endangered vaquita porpoise and the prohibition on the sale of the totoaba fish, after other discussions did not produce enough progress, officials from the Office of the U.S. Trade Representative said. These consultations are under the environmental chapter of the USMCA, not the dispute settlement chapter, but if the countries were not able to reach a negotiated settlement, the U.S. could table a dispute that could ultimately lead to tariffs, if the panel ruled against Mexico.
The Bureau of Industry and Security is asking for comments on the Section 232 exclusion process, including the request, objection, rebuttal and surrebuttal process, the standards of review, transparency of the process, and General Approved Exclusions. Officials are particularly interested in hearing ideas about how to reduce the volume of submission errors and rejected filings in the exclusions portal; whether reducing the length or type of attachments could speed the processing of requests; whether there should be a public summary of confidential business information underpinning exclusion requests or objections; whether there should be public disclosure of delivery times in requests or objections; whether evidence supporting requests or objections should have to be from the last 90 days; and how to streamline the online forms. Comments should be filed at regulations.gov, docket number BIS-2021-0042, by March 28.
Rep. Rick Larsen, D-Wash., told a virtual audience Feb. 9 hosted by the National Committee on U.S.-China Relations that there are more members of Congress who want to punish China or decouple from its economy than there are those who see themselves as trying to salvage the relationship.
The National Customs Brokers & Forwarders Association of America is telling Congress that some of the language about Non-Vessel Operating Common Carriers (or NVOCCs) and "Ocean Transport Intermediaries" in the Ocean Shipping Act does not make sense, because these intermediaries do not control cargo placement aboard a vessel, and most of the time, they do not set detention and demurrage charges.
A World Trade Organization panel said the U.S. International Trade Commission made numerous errors as it laid the groundwork for a safeguard tariff on large residential washing machines and parts, a tariff that is still in place for entries above the quota. The tariff is currently 14% within the quota threshold for washers and 30% on parts and washers above the quota threshold.
With new data out about exports to China, economist Chad Bown of the Peterson Institute for International Economics says that China only bought 60% of the goods it promised, and about 57% of all it promised, when services are included. In all, China said it would buy $502.4 billion from U.S. sources in 2020 and 2021.