North America trade expert Dan Ujczo, from Thompson Hine, was expecting 25% tariffs on Canada and Mexico to begin Jan. 20.
The Trump administration could be laying the groundwork to take broad and sweeping action on trade policy around April 1 when an internal review on U.S. trade policy is due, according to trade lawyers from Barnes Richardson.
Former Pennsylvania Sen. Pat Toomey, who voted against USMCA because he felt it moved too much in the direction of managed trade, told an audience at a Council on Foreign Relations event Jan. 23 that, despite all of his talk of tariffs, "a lot of folks will be surprised at the extent to which President [Donald] Trump will pursue broad, aggressive tariffs."
When the House Ways and Means Committee asked all House members for their opinions on what should belong in the tax cut bill the Republicans are shaping, Rep. Andy Barr, R-Ky., used the opportunity to talk about both taxes and trade.
A Department of Homeland Security memo saying that members of DHS advisory committees have had their memberships revoked may apply to the Commercial Customs Operations Advisory Committee, though questions remain.
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Chinese manufacturer Camel Group Co. took to the Court of International Trade last week to contest its placement on the Uyghur Forced Labor Prevention Act (UFLPA) Entity List, arguing that the Forced Labor Enforcement Task Force "utterly disregarded, ignored and trampled" its due process rights in a "flawed and poorly executed process." The company said FLETF illicitly conducted the process in the shadows, refusing to offer it access to any of the evidence used against the company, and that the decision to deny its petition to be removed from the list wasn't backed by substantial evidence (Camel Group Co. v. United States, CIT # 25-00022).
President Donald Trump railed against the trade stance of the European Union, as he often has, as he talked about tariffs and trade deficits with reporters as he signed executive orders on the first day of his second term.
On his first day in office, the president directed the heads of agencies that deal with trade, tariff collection and trade remedies to:
The Office of the U.S. Trade Representative concluded that China's intervention in its shipbuilding and logistics sectors -- and its plans for dominance in shipbuilding -- unreasonably burden and restrict U.S. commerce.