Both on social media and during a press conference, President Donald Trump said China has not fulfilled its promises offered as part of the de-escalation from 145% U.S. tariffs and 125% Chinese tariffs.
President Donald Trump said May 30 he plans to double tariffs on imported steel to 50%. “We’re going to bring it from 25% to 50% -- the tariffs on steel into the United States of America -- which will even further secure the steel industry in the United States," Trump said at a U.S. Steel facility in Pennsylvania. "Nobody’s going to get around that." He didn't say when the new duties will take effect.
CBP is extending a tariff exemption for goods that are in-transit to reflect the May 28 Court of International Trade judgment vacating President Donald Trump's International Emergency Economic Powers Act tariffs on China, Canada and Mexico (see 2505280067). "CBP’s updated guidance is that it is generally not realistic for shipments to qualify for the in-transit exceptions if entry is not made prior to June 16, 2025," it said May 30. CBP previously said the in-transit exemptions would end May 28.
An increase in tariffs on steel will also apply to aluminum, and it will take effect June 4, said Donald Trump in a post on Truth Social. “It is my great honor to raise the Tariffs on steel and aluminum from 25% to 50%, effective Wednesday, June 4th. Our steel and aluminum industries are coming back like never before. This will be yet another BIG jolt of great news for our wonderful steel and aluminum workers. MAKE AMERICA GREAT AGAIN!”
The emphasis on collecting the revenue generated from the higher tariffs levied during President Donald Trump's second term, as well as the political will behind those higher duties, are compelllng CBP to shift toward prioritizing trade enforcement over trade facilitation, trade experts told International Trade Today.
CBP is extending a tariff exemption for goods that are in-transit to reflect the May 28 Court of International Trade judgment vacating President Donald Trump's International Emergency Economic Powers Act tariffs on China, Canada and Mexico. "CBP’s updated guidance is that it is generally not realistic for shipments to qualify for the in-transit exceptions if entry is not made prior to June 16, 2025," it said May 30. CBP previously said the in-transit exceptions would end May 28.
President Donald Trump said May 30 he plans to double tariffs on imported steel to 50%. “We are going to be imposing a 25% increase,” Trump said at a US Steel facility in Pennsylvania. “We’re going to bring it from 25% to 50% -- the tariffs on steel into the United States of America -- which will even further secure the steel industry in the United States." Trump added: "Nobody’s going to get around that." He didn't say when the new duties will take effect.
Rep. Jodey Arrington, R-Texas, a member of the House Ways and Means Committee and chairman of the Budget Committee, reintroduced a bill that would allow the administration to impose Section 301 tariffs on goods made outside of China if they are made by Chinese firms.
The U.S. Court of Appeals for the Federal Circuit on May 29 issued an administrative stay of the Court of International Trade's decision to vacate all tariff executive orders issued by President Donald Trump under the International Emergency Economic Powers Act while the appellate court considers the government's emergency motion to stay the CIT decision (V.O.S. Selections v. Donald J. Trump, Fed. Cir. # 25-1812).
CBP has released its May 28 Customs Bulletin (Vol. 59, No. 22). It contains one proposed ruling action, related to the tariff classification of molybdenum disulphide powder. It also includes one Court of International Trade slip opinion.