The reciprocal tariffs the Trump administration has promised will present a challenge for CBP to enforce, trade lawyers said during a webinar presented by Baker McKenzie on Feb. 20.
The EU chairman of the Committee for International Trade and a former U.S. trade representative predicted that the trade dispute between the U.S. and the EU is unlikely to subside soon due to "fundamental disagreements" over economic policy.
The opening salvos of President Donald Trump's aggressive trade actions in the first weeks of his administration may be a harbinger of what is to come in the next four years as trade experts predict an upending of the global trade system.
The Commerce Department soon will suspend liquidation and impose countervailing duty cash deposit requirements on imports of corrosion-resistant steel products from Brazil, Canada, Mexico, and Vietnam, it said in a fact sheet issued Feb. 4. CVD rates range from 0.33% to 1.72% for Brazilian exporters, 1.21% to 41.4% for Canadian exporters, zero percent to 1.56% for Mexican exporters, and zero percent to 140.05% for Vietnamese exporters, the agency said as it announced its preliminary determinations in its ongoing CVD investigations. Suspension of liquidation and cash deposit requirements will take effect for entries on or after the date of publication of the preliminary determinations in the Federal Register, which should occur in the coming days. Commerce is conducting a concurrent antidumping duty investigation on the same products from Australia, Brazil, Canada, Mexico, the Netherlands, South Africa, Taiwan, Turkey, the United Arab Emirates and Vietnam, with a preliminary determination expected on April 3.
CBP has shifted its forced labor enforcement efforts to the automotive and aerospace sectors in the first quarter of FY 2025, according to analysis from Kharon, a risk analytics platform.
Importers should be prepared for uncertainty when it comes to the specifics on tariffs and have plans in place to adjust supply chains and tariff classifications accordingly, lawyers said in webinars by Deringer on Jan. 29 and Barnes & Thornburg on Jan. 30.
The Trump administration may be beginning to favor the use of trade policy tools like tariffs to replace sanctions to compel foreign policy, researchers said on a podcast hosted by the Center for a New American Security last week.
A lawyer for Shein submitted a letter to the U.K. Parliament denying its U.S.-bound products contain any Chinese cotton. The letter, sent Jan. 20 after several British lawmakers in a hearing earlier this month expressed concern about forced labor in the company's supply chains, said that the company complies with the laws and regulations of the countries in which it sells.
The Commerce Department has terminated its antidumping duty investigation on glass wine bottles from Chile based on the petitioner's withdrawal of its petition.
The U.S. requested three more panels under the rapid response labor mechanism in the USMCA to investigate three Mexican manufacturing facilities. The Office of the U.S. Trade Representative said that the U.S. and Mexico "were not able to agree on a plan for the full resolution of workers’ concerns at their facilities," and so USTR activated the dispute settlement panel under USMCA.