The U.S.-Mexico-Canada Agreement passed the House of Representatives with a vote of 385-41. The implementing legislation will be taken up by the Senate in the new year. If the impeachment trial begins in early January, it is expected to wait until that trial is over.
The Office of the U.S. Trade Representative issued a new set of product exclusions from the 25 percent Section 301 tariffs on goods from China. The exclusions include products from the third list of Section 301 goods. The new exclusions "are reflected in 9 ten-digit HTSUS subheadings and 35 specially prepared product descriptions, which cover 75 separate exclusion requests," according to the notice.
The Section 301 tariffs on goods from China that were set to take effect on Dec. 15 will not go forward because a phase one deal between the U.S. and China was reached, President Donald Trump said in a Dec. 13 tweet. "The Penalty Tariffs set for December 15th will not be charged because of the fact that we made the deal," he said.
House Speaker Nancy Pelosi and Ways and Means Chairman Richard Neal announced that they have reached a deal with the Trump administration on changes to the new U.S.-Mexico-Canada Agreement. They called the changes they won over the last six months a victory for workers. They did not share many details of how the environmental, labor, enforcement and biologics provisions changed, but said the text would be shared before votes in the House of Representatives.
President Donald Trump plans to bring back the Section 232 tariffs on steel and aluminum from Brazil and Argentina, he said in a tweet. "Brazil and Argentina have been presiding over a massive devaluation of their currencies. which is not good for our farmers," he said. "Therefore, effective immediately, I will restore the Tariffs on all Steel & Aluminum that is shipped into the U.S. from those countries."
The U.S. Trade Representative on Dec. 2 issued a list of 63 subheadings that may face tariffs of up to 100 percent when imported from France in retaliation for that country’s digital services tax. The proposed list, which includes goods of chapters 4, 33, 34, 42, 69 and 73 of the tariff schedule, comes as a result of the agency’s finding that the French tax restricts U.S. comments and violates Section 301. Comments on the proposed tariffs are due to USTR by Jan. 6, and a hearing is scheduled for Jan. 7.
The Office of the U.S. Trade Representative issued a new set of product exclusions from the 25 percent Section 301 tariffs on goods from China. The exclusions include products from the third list of Section 301 goods. The new exclusions "are reflected in 32 specially prepared product descriptions, which cover 39 separate exclusion requests," according to the notice.
The Office of the U.S. Trade Representative issued a new set of product exclusions from the 25 percent Section 301 tariffs on goods from China. The exclusions include products from the third list of Section 301 goods. The new exclusions "are reflected in 2 ten-digit HTSUS subheadings and 34 specially prepared product descriptions, which cover 42 separate exclusion requests," according to the notice.
The Office of the U.S. Trade Representative issued a new set of product exclusions from the 25 percent Section 301 tariffs on goods from China. The exclusions include products from the third list of Section 301 goods. The new exclusions include " 83 specially prepared product descriptions, which cover 95 separate exclusion requests", according to the notice.
The Section 232 tariffs on steel from Turkey will soon again go from 25 percent to 50 percent, President Donald Trump said in a tweet, that includes a linked statement. The change in tariffs are the result of Turkey's "destabilizing actions in northeast Syria." The tariffs were previously increased to 50 percent, but were reduced back to 25 percent in May. Trump also said the U.S. would stop negotiating a trade deal with Turkey.