Rep. Rudy Yakym, R-Ind., introduced a private bill to allow a company that imported golf cart tires to reliquidate the entries years later, so that they can recoup nearly $2 million.
CBP has created Harmonized System Updates 2510 and 2511. HSU 2510, created on March 10, contains 43 Automated Broker Interface (ABI) records and 17 Harmonized Tariff Schedule records. HSU 2510 includes the latest adjustments on imports of steel and aluminum into the U.S.
Nicholas Lamp, academic director of international law programs at Queens University in Kingston, Ontario, told an audience of lawyers at Georgetown Law School that he questioned the premise of the panel he was speaking on -- that Canada and Mexico's approaches to trade with China would influence the future of USMCA.
President Donald Trump said the U.S. will "shortly" respond to EU retaliatory tariffs on U.S. whiskey with a 200% tariff on EU alcoholic beverages, including wine and champagne, if the EU whiskey tariff -- set to take effect April 1 -- isn't removed.
As the dust settles on the Trump administration's expansion of Section 232 tariffs on steel and aluminum imports, industry and consumer advocacy groups responded with either glowing support or dour predictions of economic ruin.
The EU and Canada announced retaliatory tariffs against the U.S. this week, targeting billions of dollars' worth of American exports in response to what they said were unjustified global 25% steel and aluminum duties imposed by the Trump administration. Other nations also criticized the U.S. tariffs as they mulled countermeasures of their own.
Senators from the swing state of Georgia, a major manufacturing hub for metal-intensive auto, aerospace and solar industries, say that business leaders are telling them that the see-sawing tariff announcements from the White House are unnerving and causing them to put the brakes on planning expansions.
During a visit by Irish Prime Minister Michael Martin, President Donald Trump brushed away Martin's comments about Irish companies buying Boeing planes and hiring in the U.S. "There's a massive deficit. I don't mean by a little bit," he said, referring to the trade in goods between Ireland and the U.S. "We want to sort of even that out as nicely as we can. We don't want to do anything to hurt Ireland, but we want fairness," he said.
CBP issued the following releases on commercial trade and related matters:
A bill that aims to create a true single window for importers, as well as reduce redundancies in advance export manifest data submissions, was introduced in the Senate by Sens. Bill Cassidy, R-La., and Catherine Cortez Masto, D-Nev.