The Court of International Trade granted three wildlife advocacy groups' voluntary dismissal of a case seeking an import ban on fisheries from nine countries after the groups reached a settlement with the U.S. government. Judge Gary Katzmann dropped the case, though he retained jurisdiction over the matter to oversee implementation of the settlement, at the parties' request.
President Donald Trump, in a March 25 interview with Newsmax, said that while he doesn't "want to have too many exceptions" to the reciprocal tariffs, the percentage that is imposed may be lower than what the administration assesses is the total burden of tariffs and non-tariff barriers.
President Donald Trump said at the White House that tariffs on imported autos, now at 2.5%, will go to 25%. He then signed an executive order, but that order was not yet posted online. The staffer who presented that order said the 25% tariff would be added to existing tariffs.
Additional 25% tariffs for cars and light trucks and cargo vans will take effect 12:01 a.m. ET on April 3, with tariffs on parts including engines and engine parts, transmissions and powertrain parts, and electrical components coming later, but no later than May 3, said an executive order issued by President Donald Trump.
As the U.S., Mexico and Canada are poised to renegotiate the free trade agreement known as USMCA among the three countries, expect the U.S. to review the rules of origin and "tighten them" in favor of requiring a higher percentage of North American content, trade attorneys with Miller and Chevalier said on a March 25 webinar sponsored by public accounting firm Forvis Mazars.
At a hearing largely focused on the need to get other countries to lower their tariffs, sanitary and phytosanitary barriers, and discriminatory tariffs on services exports, Democrats on the House Ways and Means Trade Subcommittee focused on Trump's tariff hikes.
Commerce Secretary Howard Lutnick said on a podcast last week that he'll get the "great software companies in the world" to build "greatest customs processing [system] ever" for free.
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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.