Though China was specifically mentioned in an executive order issued late March 24 announcing 25% tariffs on countries that import Venezuelan oil, India and the EU also imported Venezuelan oil in 2024, according to a report from Reuters earlier this year.
Most business interests argued that removing goods subject to Section 301 tariffs is not administrable, would damage the economy, and, if not abandoned, needs a long lead time to prepare for, in comments to CBP.
The Bureau of Industry and Security plans to soon issue general authorizations for certain Chinese connected vehicle imports, which could offer exemptions for small-scale manufacturers or companies importing items for testing, research or repair, Commerce Department officials said.
Groups that represent importers, carriers and ports are asking the Office of the U.S. Trade Representative to rethink its remedies for Chinese dominance in shipbuilding, arguing that imposing fees on most ships bringing imports to U.S. ports will drive up prices, increase port congestion and devastate the business of smaller ports.
When President Donald Trump was asked by a reporter at the White House if his threat to put 25% tariffs on countries that import oil from Venezuela would apply to China, the top importer, he said it would.
President Donald Trump promised tariffs on automobiles in the "next few days," and seemed to indicate they would be announced prior to April 2, the date he said that sector tariffs as well as reciprocal tariffs will come into effect.
Apparel importers and retailers don't have much favor in this administration, but groups representing their interests tried to appeal to the Office of the U.S. Trade Representative's logical side in comments requested by the agency on the reciprocal tariffs slated for April 2. The trade group representing the greatly diminished domestic textile and apparel industry, in contrast, said reciprocal tariffs could be used to recoup $100 billion in annual lost sales.
CBP has updated its FAQ on Section 232 tariffs for aluminum and steel on its website, addressing certain elements of the tariffs that the trade community has been grappling with, particularly on determining the value of new steel and aluminum derivatives outside of chapters 73 and 76 (see 2503140059.
Project 2025 recommends combining CBP's Office of Trade and Office of Trade Relations with the Office of Field Operations in order to “achieve streamlined operations and increase OT’s capacity and capability by leveraging OFO’s expansive resources,” according to the Project 2025 chapter on its recommendations for DHS.
The FDA will delay the enforcement date of its 2022 food traceability regulations by 30 months to give industry more time to implement the new requirements, the agency said March 20.