The Senate Finance Committee's top Democrat, Sen. Ron Wyden of Oregon, said he thinks Republicans in Congress will act to reverse some of the tariffs President Donald Trump has imposed -- if they hear enough outrage from Republican base voters.
Washington state punches above its weight in goods exports, and exported $57.8 billion worth of goods in 2024, including $40.7 billion in manufactured products. Some 45% of those manufactured exports are Boeing planes and aerospace parts.
A group of former U.S. trade representatives, spanning the presidencies of George H.W. Bush through Barack Obama, offered support for trade deals that expand market access for American producers, though they differed on how best to achieve this.
Rep. Rosa DeLauro, D-Conn., and Sen. Elizabeth Warren, D-Mass., are asking the Trump administration to share more information about their negotiations with countries after the president imposed emergency tariffs on every country.
A coalition of food producers, including the American Honey Producers Association, the Catfish Farmers of America, the Crawfish Processors Alliance, the Louisiana Farm Bureau Crawfish Committee, and the Southern Shrimp Alliance, sent a letter May 9 asking President Donald Trump to impose tariffs on "unfairly traded imports" of products similar to theirs.
DOJ is adding certain trade violations to the list of “priority areas” for its whistleblower awards program, Matthew Galeotti, head of DOJ’s Criminal Division, said during an industry conference May 12, according to a copy of his prepared remarks.
Revenue generated from audits totaled $117 million in April, down 62% from March's audit revenue total of $310 million but 228% higher than the $13 million generated in April 2024, according to CBP's monthly update.
Companies are starting to feel their way into a long-range import plan while still coping with a number of unknowns in the near term, according to a DHL official speaking during a May 12 company webinar on U.S. tariff updates.
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A bill being considered in the House Ways and Means Committee that would extend Trump tax cuts that would otherwise expire at the end of the year is looking to international trade to pay for part of the cost of income tax reductions. The bill also adds new tax breaks, such as on overtime pay and tips.