The president of the American Soybean Association told President Donald Trump that soybean farmers "cannot survive a prolonged trade dispute with our largest customer," urging him to have his trade team persuade China to drop its 20% tariff on American soybeans.
Republican presidential candidate Donald Trump is likely to react “more negatively and more directly” than his Democratic rival, Vice President Kamala Harris, to the EU’s plan to start taxing carbon-intensive imports, a former U.S. trade official said Oct. 17.
The Office of the U.S. Trade Representative seeks more comments on how USMCA rules of origin are affecting trade in automotive goods, as it compiles an annual report it will send to Congress by July 2025. USTR will hold a hearing on its investigation on Oct. 8, with requests to appear due Sept. 24 and prehearing briefs due Sept. 26. Post hearing briefs are due Oct. 16, and all other written submissions are due Nov. 18, USTR said. Automakers and their suppliers told USTR in comments on the agency’s 2024 report on the same issue that not having a form for certificate of origin has made compliance more difficult, among other things (see 2402050048).