Treasury Secretary Scott Bessent offered some clarity on the promised April 2 tariffs but, when pressed, didn't elaborate on vital details. He said that reciprocal tariffs would take the form of a number that the Trump administration "believe[s] represents their tariffs," but said he wasn't sure if tariffs would layer on top of Section 232 tariffs.
The Border Trade Alliance asked the Commerce Department to refund duties paid by importers during the brief imposition of tariffs on Mexico and Canada last week.
A recent decision by the U.S. Court of Appeals for the Federal Circuit will "substantially upend" the International Trade Commission's established approach to determining whether a company's U.S. operations are part of the domestic industry, lawyers from Ropes & Gray said.
Japan will likely seek negotiation and exceptions to U.S. tariffs rather than respond with retaliatory measures, one expert predicted at an event hosted by Japan House LA on March 10.
The Commerce Department soon will suspend liquidation and impose countervailing duty cash deposit requirements on imports of thermoformed molded fiber products from China and Vietnam, it said in a fact sheet issued March 10. The CVD rates will range from 5.99% to 153.25% for Chinese exporters, and from 3.39% to 173.51% 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 concurrent antidumping duty investigations on the same products from China and Vietnam, with preliminary determinations expected by May 6.
The United States is interested in negotiating a new free trade agreement with India, Commerce Secretary Howard Lutnick told an Indian audience on March 8.
Powdered sugar processed and packaged in Mexico using U.S.-origin refined sugar imported by Batory Foods and Rafi Industries is not subject to the agreements suspending antidumping and countervailing duties on sugar from Mexico (A-201-845/C-201-846), the Commerce Department announced in a Feb. 28 scope ruling. The department also recommended imposing a certification requirement for the imported sugar.
Senators and witnesses called for the adoption of free trade agreements with Latin American countries to stave off Chinese influence in the region through trade, during a March 5 hearing on advancing American interests in the Western Hemisphere.
The Commerce Department soon will suspend liquidation and impose countervailing duty cash deposit requirements on imports of hexamine from China and India, it said in a fact sheet issued March 3. A CVD rate is set at 420.53% for Chinese exporters, and ranges from 2.32% to 139.55% for Indian 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 concurrent antidumping duty investigations on the same products from China, Germany, India and Saudi Arabia, with preliminary determinations expected on April 29.
Senators and witnesses called for greater protection for shipping companies that are the victims of cargo theft, saying that CBP penalizes them unfairly, during a Feb. 27 hearing on the rise in cargo theft.