Jamieson Greer, Trump's pick to be U.S. trade representative, told Sen. Bernie Sanders, I-Vt., that he will make sure that the appropriateness of the 2.5% tariff on cars is reviewed as part of the sunset review for USMCA. Sanders, the most famous leftist in the Senate, had pointed out in his written questions that 2.5% is not high enough to convince all Mexican exporters to follow USMCA rules of origin.
House Ways and Means Trade Subcommittee ranking member Rep. Linda Sanchez, D-Calif., declined to say if she'd join forces with colleagues who want to end the president's ability to impose tariffs under the International Emergency Economic Powers Act, but said, "I certainly think they're on the right track."
The International Trade Commission posted the 2025 Basic Edition of the Harmonized Tariff Schedule. The new HTS implements a variety of 10-digit-level changes for fruits and vegetables, chemicals and other products. Changes were effective as of Jan. 1 unless otherwise noted.
The International Trade Commission posted the 2025 Basic Edition of the Harmonized Tariff Schedule. The new HTS implements a variety of 10-digit-level changes for fruits and vegetables, chemicals and other products. Changes were effective as of Jan. 1 unless otherwise noted.
There will be no changes in 2025 to the countries that can participate in the trade benefits of the African Growth and Opportunity Act, a spokesperson from the Office of the U.S. Trade Representative announced last week.
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 Commerce Department set the 12-month 2024 value-added tariff preference level for certain apparel imported directly from Haiti eligible to receive duty-free treatment under the Haitian Hemispheric Opportunity Through Partnership Encouragement Act (HOPE). For the one-year period Dec. 20, 2024, through Dec. 19, 2025, the recalculated quantity of imports eligible for preferential treatment under the value-added TPL is 322,927,229 square meters equivalent (SME). Apparel articles entered in excess of this TPL will be subject to otherwise applicable duty rates.
A five-year renewal of the Haiti HELP/HOPE trade preferences is the only tariff liberalization legislation that was attached to the federal spending bill that will keep the federal government open through mid-March.
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.
Congress has not yet finished the text of the government spending bill that needs to pass this week, but House Ways and Means Trade Subcommittee Chairman Adrian Smith, R-Neb., said in the early afternoon that several trade provisions he had hoped would hitch a ride weren't included. He said his understanding was that the African Growth and Opportunity Act wouldn't be attached, nor would the Generalized System of Preferences benefits program.