Rep. Marlin Stutzman, R-Ind., introduced a bill this week that would impose a tariff on imported Australian Waygu beef. The U.S. and Australia have an FTA, but Australia does not allow any beef imports from the U.S., ostensibly over concerns over mad cow disease. A meat export trade group says typical U.S. beef would not be price-competitive in Australia, but argued that the trade barrier should be lowered nonetheless.
Five Democrats on the House Ways and Means Committee introduced a bill this week that would repeal Section 338 of the Tariff Act of 1930, which allows a president to impose 50% tariffs on trading partners if they're deemed to be discriminating against U.S. products. It doesn't require the president to disclose the evidence of discrimination.
Sen. Tim Kaine, D-Va., the leader on a push to revoke the emergency underlying 25% tariffs on many Canadian goods and 10% tariffs on Canadian energy, said his resolution will get a vote on April 1.
President Donald Trump described his phone call with Canadian Prime Minister Mark Carney as "extremely productive," in a social media post, adding "we agree on many things, and will be meeting immediately after Canada’s upcoming Election to work on elements of Politics, Business, and all other factors, that will end up being great for both the United States of America and Canada. Thank you for your attention to this matter!"
CBP has released its March 26 Customs Bulletin (Vol. 59, No. 13), which includes the following ruling actions:
Customs attorney Dan Ujczo, who has contacts in the White House as well as clients who are major automakers, said he thinks the 25% tariffs on Canada and Mexico over migration and fentanyl will continue past April 2, and will be stacked with auto tariffs and the reciprocal levies.
Just before 2 a.m. on March 27, President Donald Trump posted on social media: "If the European Union works with Canada in order to do economic harm to the USA, large scale Tariffs, far larger than currently planned, will be placed on them both in order to protect the best friend that each of those two countries has ever had!"
The European Union is going to be the "major victim" of President Donald Trump's "Liberation Day" on April 2, experts at the Center for Strategic and International Studies predicted.
Trade facilitation appears to be taking a back seat to trade enforcement, based on recent actions taken by President Donald Trump and the Department of Government Efficiency to streamline federal operations, said a trade attorney during a March 26 webinar on tariffs and recent trade actions sponsored by Venable.
Reactions from across the U.S. automotive industry and the world poured in after President Donald Trump announced 25% tariffs on all imports of automobiles beginning April 3.