Footwear Distributors and Retailers of America CEO Matt Priest said shoe importers expect to pay $5 billion in tariffs this year, up from $3 billion last year, given the additional 30% tariffs on Chinese shoes, 20% on Vietnamese shoes, and 19% on Indonesian shoes. Last month, shoe importers owed $635 million in tariffs, up 108% from the month before.
Tariff cuts for Japanese automobiles and auto parts will take effect Sept. 16, according to a notice released by the Commerce Department.
The Bureau of Industry and Security is again accepting requests for new products to be included under Section 232 tariffs on steel and aluminum derivatives, it said in a notice released late on Sept. 15. Inclusion requests will be accepted through Sept. 29, after which the agency will post the inclusion requests it receives for comment and begin a 60-day process to consider whether to grant the inclusions.
Commerce Secretary Howard Lutnick said, "We’ve got a big deal coming with Taiwan," during a CNBC interview Sept. 11.
U.S. imports are likely to continue to fall in the remaining months of 2025 as waning consumer confidence is putting pressure on import demand, according to multiple sources.
Former U.S. trade representative Michael Froman said the standards set by the World Trade Organization have been under stress for 15 years, and that its principles of global non-discrimination, bound tariff levels and restrictions on what can count as a bilateral or regional trade deal are dead for good.
The president of Mexico has introduced a bill increasing tariffs on goods from countries with which it does not have a free trade agreement, including China. The measure would bring most tariffs to a rate of 35%, with some as high as 50%.
Sen. Lindsey Graham, R-S.C., the leading Republican for a secondary tariffs bill supported by 85 senators, said that he talked to President Donald Trump on Sept. 11 about "moving forward" with secondary tariffs on countries that buy Russian oil and gas. He said he was encouraging him to look upon the Russia sanctions bill as something that would help him, "basically, giving him the authority to do what he's doing, which would help him in court."
Rep. Henry Cuellar, D-Texas, said he has met with customs brokers each of the last three days, and their main ask is no more executive orders changing tariffs that are released on a Friday afternoon or night and take effect on Monday.
Sen. Edward Markey, D-Mass., Minority Leader Chuck Schumer, D-N.Y., and eight other Democrats introduced a bill to require that small businesses receive refunds of the reciprocal tariffs within 90 days.