DETROIT -- Cindy Allen, owner of consultancy firm Trade Force Multiplier, said she believes some of the initiatives in the 21st Century Customs Framework bills are useful -- such as simplifying CBP's process for seizures -- but that overall, the focus is too heavy on enforcement.
Trade attorneys continue to wait and wonder what kind of tariff changes will come next year, with one observer using a tariff slide that said "Tariff Armageddon."
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
The chairman of the House Ways and Means Subcommittee on Trade said Nov. 8 that he’s “hopeful that there [are] some things we can do” on trade when Congress returns to Washington this month for its lame-duck session.
Proposed new tariffs will negatively affect American consumers, the American Apparel and Footwear Association said in a news release Nov. 6 reacting to the results of the U.S. presidential and congressional elections. President-elect Donald Trump says he will increase tariffs on goods coming into the country.
Officials from Squire Patton Boggs said that if Donald Trump returns to the presidency, a 10% tariff or higher on a vast swath of imports could come very quickly, but what wouldn't be subject to the tariffs is not yet clear.
The leading Democrat in efforts to restrict de minimis in the House of Representatives, Rep. Earl Blumenauer, D-Ore, has tried to restrict de minimis eligibility since the beginning of 2022, and has said that getting a bill passed is how he'd like to end his career in Congress (see 2402150060).
In the Sept. 18 Customs Bulletin (Vol. 58, No. 37), CBP published a proposal to revoke ruling letters concerning certain wheels and hubs for trucks and trailers and the applicability of the generalized system of preferences to incandescent string lights.
More than 25 agriculture groups asked the House Ways and Means and Senate Finance committees' leaders this week to renew the Generalized System of Preferences benefits program.
CBP has released its Sept. 18 Customs Bulletin (Vol. 58, No. 37), which includes the following ruling actions: