Olof Gill, a spokesman for the European Commission, told reporters in Brussels that the top trade negotiator for the EU, Maros Sefcovic, and U.S. Trade Representative Jamieson Greer were meeting Sept. 25 to talk about the EU's proposal to allow historical levels of steel exports under a tariff rate quota system. Such a system was in place during the Biden administration.
Wendy Cutler, a former career negotiator with the Office of the U.S. Trade Representative and chief negotiator for the U.S.-Korea free trade agreement, said that South Korea may not want to lower its 25% reciprocal tariff to 15% if the price is $350 billion for U.S. investments. Cutler was speaking on a podcast hosted by the Washington International Trade Association on Sept. 26.
The case against the lists 3 and 4A tariffs is unlikely to be heard by the Supreme Court or the full U.S. Court of Appeals for the Federal Circuit, and the recent decision from the Federal Circuit upholding the tariffs likely gives the Trump administration greater confidence in using tariff authorities other than the International Emergency Economic Powers Act, various attorneys told us.
The U.S. government will try to make it very difficult for tariffs enacted through the International Emergency Economic Powers Act to be refunded should the Supreme Court vacate them, according to trade lawyer Michael Roll.
The scope of the products covered by 100% U.S. tariffs on "patented and branded medicines" is unclear, though both the EU and Japan will only be hit with 15% tariffs, a White House official told several news outlets.
After China fought the U.S. to a draw, by throttling exports of rare earth magnets so that the U.S. dropped tariff levels and some export controls, former government officials, researchers and a businessman talked about what might come next.
Reps. Rick Larsen, D-Wash., and Dan Newhouse, R-Wash., and 23 other lawmakers from around the country asked U.S. Trade Representative Jamieson Greer to work with Japan and Vietnam on getting them to lower tariffs on and with South Korea on getting it to approve fresh blueberry exports from states other than Oregon.
President Donald Trump said he and Turkey's President Recep Tayyip Erdogan would talk about changing Turkey's tariff treatment in their meeting Sept. 25, but after the two-hour meeting ended, there was no announcement on adjusting the scope of Turkey's 15% reciprocal tariffs, or Section 232 tariffs on steel.
CBP has released its Sept. 24 Customs Bulletin (Vol. 59, No. 39), which includes the following ruling action:
Recent entry filers that want to take advantage of new, retroactive tariff exemptions for some products from the EU (see 2509240038) should correct their entries "as soon as possible" and no later than 10 days of the cargo's "release from CBP custody and prior to estimated duties being deposited to avoid needing refunds," CBP said in a CSMS message on the EU tariff changes.