Logistics technology provider Flexport has released an online calculator designed to provide importers with estimates of potential tariff refunds, according to a recent news release.
Former U.S. trade officials said the Trump administration’s recent handling of tariffs on critical minerals, semiconductors and other sensitive imports suggests a more cautious and selective approach to trade enforcement, as officials weigh manufacturing goals, diplomatic timing, and limited negotiating capacity.
Should the Supreme Court strike down tariffs imposed under the International Emergency Economic Powers Act, Section 122 of the Trade Act of 1974, widely discussed as a potential tool to plug the gap left by the removal of the reciprocal tariffs, may not be available, Bryan Riley, director of the National Taxpayers Union's Free Trade Initiative, wrote in a blog post.
President Donald Trump, in a rambling 70-minute speech, talked mostly about the U.S. and military issues, but touched on trade briefly in relation to his negotiations over prices European health systems pay for pharmaceuticals, and on reciprocal tariffs on Switzerland.
CBP has released its Jan. 21 Customs Bulletin (Vol. 60, No. 3), which includes the following ruling actions:
President Donald Trump withdrew his threat of tariffs over Greenland in a social media post. "Based upon a very productive meeting that I have had with the Secretary General of NATO, Mark Rutte, we have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region. This solution, if consummated, will be a great one for the United States of America, and all NATO Nations. Based upon this understanding, I will not be imposing the Tariffs that were scheduled to go into effect on February 1st. Additional discussions are being held concerning The Golden Dome as it pertains to Greenland."
The language of the African Growth and Opportunity Act and the Haitian trade program was changed from the versions that passed the House of Representatives with more than 85% support to what the White House supported -- just a one-year renewal. Refunds still will be available for duties paid on eligible goods under AGOA or Haiti HELP from Oct. 1 until the bill becomes law. The tariff breaks will last through Dec. 31, 2026.
President Donald Trump withdrew his threat of tariffs over Greenland in a social media post. "Based upon a very productive meeting that I have had with the Secretary General of NATO, Mark Rutte, we have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region. This solution, if consummated, will be a great one for the United States of America, and all NATO Nations. Based upon this understanding, I will not be imposing the Tariffs that were scheduled to go into effect on February 1st. Additional discussions are being held concerning The Golden Dome as it pertains to Greenland."
Only 10 days remain before the House of Representatives no longer will have a procedure in place to block votes on ending emergencies underlying reciprocal tariffs, fentanyl tariffs or the additional Brazil tariffs. Last year, the House tucked provisions into rules that blocked the votes, but the Rules Committee didn't do that on the bills that passed the House Jan. 21; the last rule before the House leaves for a weeklong recess will be for a spending package expected to come to the floor Jan. 22.
A complaint filed with the Federal Maritime Commission accuses three companies of refusing to release $1 million worth of household goods that were shipped to the U.S. last year, the agency disclosed Jan. 16.