Special tariff treatment for U.K. automobiles, auto parts and goods falling under the Civil Aircraft Agreement will begin June 30, according to a notice released by the Commerce Department June 27.
The Commerce Department’s International Trade Administration will begin accepting requests July 1 to include additional auto parts under 25% Section 232 tariffs on imports, it said in a news release June 24. The 14-day submission window will be one of four per year when Commerce accepts inclusion requests, in January, April, July and October, it said.
At an appearance at the Washington International Trade Association, Sen. Maria Cantwell, D-Wash., criticized the Trump administration for instituting an "on-again, off-again tariff structure, that, in some instances, are higher than even the Smoot-Hawley levels."
An importer can't use the transaction value of the first sale for appraisement purposes, CBP recently determined in a May 6 ruling, finding that the middleman paid the manufacturer late yet didn't pay any interest as required by the contract, indicating that the transaction wasn't at arm's length.
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
The U.S. Court of Appeals for the 9th Circuit on June 23 upheld a jury's determination that importer Sigma Corp. is liable under the False Claims Act for lying about whether its imports were subject to antidumping duties. Judges Michelle Friedland and Mark Bennett said no errors of law were made against Sigma and that the federal district court, not the Court of International Trade, had jurisdiction in the case (Island Industries v. Sigma Corp., 9th Cir. # 22-55063).
Senate Finance Committee Chairman Mike Crapo, R-Idaho, wanted to include trade items in the bill that extends and expands Trump income tax cuts, according to a lobbyist on trade matters.
Major Asian trading partners may be diverging as countries try to avoid U.S. tariffs jumping from 10% to rates in the mid 20s.
Producing scrubs in Haiti allows American firms to avoid 29% tariffs on pants, 16% tariffs on tops, and still import the fabric from Asia. But the trade preferences for Haiti known as HOPE/HELP expire in three months and 11 days, and Republicans who control the voting calendar are not reassuring the companies that it will be renewed on time.
The Senate version of the tax bill moving through Congress cut out two trade-related provisions that passed the House -- one, which would end de minimis for all imports in July 2027, and the other, curtailing drawback for tobacco products.