Former Pennsylvania Sen. Pat Toomey, who voted against USMCA because he felt it moved too much in the direction of managed trade, told an audience at a Council on Foreign Relations event Jan. 23 that, despite all of his talk of tariffs, "a lot of folks will be surprised at the extent to which President [Donald] Trump will pursue broad, aggressive tariffs."
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Tom Gould is joining Gaia Dynamics as chief strategy and compliance officer, he said on LinkedIn. The start-up advertises “AI-driven tools for precise classification and real-time tariff calculations.” Gould said he will continue his independent trade compliance consulting work.
The Coalition for a Prosperous America, a think tank aligned with Trump's trade policy, issued a new report on agricultural trade, arguing that policies that aimed to lower U.S. tariffs in exchange for better market access for U.S. agricultural exports almost exclusively benefited soybeans, corn and wheat, while hurting fruit and vegetable farmers and livestock operations.
The chairman of the House Select Committee on China said Jan. 22 that the U.S. should take a harder line against China's aggressive policies on trade, investment and other matters.
President Donald Trump posted that if Russian President Vladimir Putin doesn't "make a 'deal,' and soon, I have no other choice but to put high levels of Taxes, Tariffs, and Sanctions on anything being sold by Russia to the United States, and various other participating countries."
CBP created Harmonized System Update 2502 on Jan. 21, containing 193 Automated Broker Interface (ABI) records and 30 Harmonized Tariff Schedule records. HSU 2502 includes HTS updates for the National Watermelon Promotion Board rate assessment, which will increase to 9 cents per hundredweight as of Jan. 22.
When the House Ways and Means Committee asked all House members for their opinions on what should belong in the tax cut bill the Republicans are shaping, Rep. Andy Barr, R-Ky., used the opportunity to talk about both taxes and trade.
Three Senate Democrats have introduced a bill to remove the president's ability to impose tariffs under the International Emergency Economic Powers Act, a companion bill to one introduced in the House, which also only had Democratic sponsors (see 2501160069).
CBP is pushing back by a week the target deployment date for the third release of the Section 321 enhancement in ACE, according to the agency's latest Notional Deployment and Development Schedule for ACE.
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