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.
President Donald Trump directed the Commerce Department to launch a Section 232 investigation on copper and copper products, which will cover the effect of imports of copper, copper concentrates, refined copper, copper alloys, scrap copper and copper derivative products on national security -- specifically, how they affect domestic copper mining, smelting and refining. The investigation is not limited to those categories; as the order says, it should look at "imports of copper in all forms."
President Donald Trump's directive in his proclamation expanding Section 232 steel tariffs to assess penalties for the misclassification of entries resulting in non-payment of the duties without regard for "evidence of mitigating factors" may run afoul of existing customs laws, trade lawyers said. Even if the directive stays within the bounds of the current statutory scheme, expect more prior disclosures and proactive steps to ensure the proper customs treatment of steel entries, the lawyers added.
Improving trade for U.S. cars in Europe is "clearly the priority" for American trade negotiators, according to European Union Trade Commissioner Maros Sefcovic, who had a four-hour meeting Feb. 19 with U.S. Commerce Secretary Howard Lutnick, U.S. trade representative nominee Jamieson Greer and Kevin Hassett, director of the National Economic Council.
President Donald Trump said that he will "probably" say more about the scope of tariffs on cars "on April 2, but it'll be in the neighborhood of 25%," in response to a question at a press conference Feb. 18.
The Committee to Support U.S. Trade Laws asked leaders at DHS, the Commerce Department, the International Trade Commission and the Office of the U.S. Trade Representative to protect recent hires who have been targeted for dismissal by the Department of Government Efficiency, or DOGE.
The Committee to Support U.S. Trade Laws asked leaders at DHS, the Commerce Department, the International Trade Commission and the Office of the U.S. Trade Representative to protect recent hires who have been targeted for dismissal by the Department of Government Efficiency, or DOGE.
Correction: Steel and steel derivatives from Turkey will for the time being only face 25% Section 232 tariffs, unchanged from before President Donald Trump’s Feb. 11 proclamation upping tariffs for some countries and a new list of derivative products (see 2502140025 and 2502140066).
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 EU chairman of the Committee for International Trade and a former U.S. trade representative predicted that the trade dispute between the U.S. and the EU is unlikely to subside soon due to "fundamental disagreements" over economic policy.