The leading Democrat in efforts to restrict de minimis in the House of Representatives, Rep. Earl Blumenauer, D-Ore, has tried to restrict de minimis eligibility since the beginning of 2022, and has said that getting a bill passed is how he'd like to end his career in Congress (see 2402150060).
Rubio introduced a bill that would change the country of origin for goods so that a company owned by or based in China or any other "foreign adversary" would assign the adversary country of origin to those companies' goods, no matter where the goods were manufactured. The bill is silent on whether that would also apply to U.S.-manufactured goods by Chinese companies, such as Volvo cars.
Former House Ways and Means Committee Chairman Dave Camp, who was a Republican representative from Michigan, told a think tank audience that the lame duck session of the current Congress is likely to be consumed with government funding negotiations, and that leadership is unlikely to put a vote on the Generalized System of Preferences benefits program on the calendar, no matter its logic, unless members of both legislative bodies actively lobby the leaders of his former committee and the Senate Finance Committee.
A former Trump administration trade official said he can't predict whether a global 10% or 20% tariff will be imposed early under a potential new Trump administration, or exactly how tariffs on Chinese goods might be hiked, but Akin partner Clete Willems said he's telling business people to take these ideas seriously, even if every proposed change doesn't come true.
Sens. Chuck Grassley, R-Iowa, and Maggie Hassan, D-N.H., along with two other Republicans and another Democrat, recently reintroduced the Stop Importation and Manufacturing of Synthetic Analogues (SIMSA) Act.
As the House Ways and Means Committee discusses moving toward a proposal closer to the Senate Finance Committee chairman's bill to restrict de minimis, the top Republican on the Finance Committee is not publicly opposing the core ideas of that bill -- removing apparel and footwear from eligibility from all countries, and not allowing goods subject to Section 301 tariffs to enter duty-free.
China-dependent supply chains developed because of the demands of retailers to sell products at low price points, a panelist explained at the Commerce Department's first supply chain summit, but the company is working to change that.
The administration rebranded two pending rulemaking processes and revived one that was abandoned in 2021 to address the compliance risks of de minimis shipments as well as shrink the volume of direct-to-consumer imports.
Imports from China of electric vehicles, EV batteries, solar cells and wafers, face masks, needles and syringes, critical minerals and steel and aluminum will all be hiked Sept. 27, the Office of the U.S. Trade Representative announced Sept. 13, as part of a longer-term modification of Section 301 duties.
Tariffs on imports from China of electric vehicles, EV batteries, solar cells and wafers, face masks, needles and syringes, critical minerals and steel and aluminum will go up Sept. 27, with more Section 301 tariff hikes planned for Jan. 1, 2025, and Jan. 1, 2026.