Perkins Coie partner Michael House told an audience of automotive supply chain professionals that this fiscal year has seen not only a sharp increase in the number of detentions, "but even more important, in our view, is the scope of products being detained has diversified, and there's been a steady increase in detentions of merchandise that were outside those original so-called priority sectors."
If the Office of the U.S. Trade Representative decides that China's subsidies to its shipbuilding industry burden U.S. commerce through a range of unreasonable or discriminatory acts, a coalition of unions suggests it impose a fee on Chinese ships arriving at U.S. ports (see 2404170029). During a Washington International Trade Association webinar on the new Section 301 investigation, former USTR associate general counsel David Ross said China's subsidies are evident but the remedy is not.
Treasury Secretary Janet Yellen, during a Q&A with Reuters, said that China has acknowledged that its manufacturing overcapacity is a problem, but she said observers shouldn't expect a quick fix.
A career staffer in the Office of the U.S. Trade Representative whose portfolio includes the auto industry told an audience of auto industry supply chain professionals that it's likely the U.S. will be talking with Mexico about the increased foreign direct investment from Chinese companies manufacturing auto parts or, potentially, assembling vehicles, in Mexico.
The U.S. and Mexico said they have agreed on a remediation plan for the RV Fresh Foods facility in Michoacán, a food manufacturer that produces guacamole.
A bipartisan bill led by a House Ways and Means Committee member would allow warehouses and brands located in foreign trade zones to send goods that were imported into the zones to consumers and have those packages qualify for de minimis treatment.
A bipartisan group of senators is supporting trade remedy petitions filed by the U.S. Aluminum Extruders Coalition, which seek antidumping and countervailing duty measures on aluminum extrusion imports from 14 countries, it told the commerce secretary.
Former top officials in the Office of the U.S. Trade Representative during the Trump and Biden administrations said there will be no return to a pre-Trumpian, pro-free trade philosophy, whether Joe Biden wins re-election this fall or Donald Trump returns to the White House in 2025.
The Footwear Distributors and Retailers of America told President Joe Biden that removing tariffs on shoes doesn't require public policy reviews but "just the stroke of your pen to help lower shoe prices."
Sen. Sherrod Brown, D-Ohio, wrote to President Joe Biden saying that he should "take bold, aggressive action and to permanently ban" electric vehicles "produced by Chinese companies or whatever subsidiaries they establish to conceal their origins."