Hours after releasing an executive order imposing a 25% tariff on Canadian goods and a 10% tariff on energy goods from Canada, two additional orders came from the White House on Feb. 1: one setting a 10% tariff on goods from China and the other a 25% tariff on goods from Mexico.
President Donald Trump signed on Feb. 1 an executive order setting a 25% tariff on most goods from Canada, but a 10% tariff on "energy goods." The emailed order says the tariffs will apply beginning 12:01 a.m. ET on Feb. 4, though goods in transit as of 12:01 a.m. ET on Feb. 1 will not be subject to the duties.
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When the House Ways and Means Committee asked all House members for their opinions on what should belong in the tax cut bill the Republicans are shaping, Rep. Andy Barr, R-Ky., used the opportunity to talk about both taxes and trade.
CBP issued the following releases on commercial trade and related matters:
CBP will be requiring producers of automotive parts and vehicles to supply more data elements to prove that these goods are eligible for preferential tariff treatment under the trade agreement between the U.S., Mexico and Canada, according to an interim final rule released Jan. 16.
CBP issued the following releases on commercial trade and related matters:
Food that was denied entry but can be reconditioned to meet FDA requirements isn't prohibited merchandise, so it isn't eligible for a refund if it's exported or destroyed, CBP said in a recent ruling.
CBP issued the following releases on commercial trade and related matters:
CBP will deploy enhancements to drawback functionality in ACE on Jan. 21. These enhancements pertain to petroleum superfund tax certification indicators and validations of oil spill tax and petroleum Superfund tax claims.