Both the Japanese government and Japanese reporters' coverage of Japan's more than two-hour talk with the U.S. trade representative, commerce secretary and treasury secretary describe politicians who are not in a hurry to settle to avoid 24% tariffs under the reciprocal tariff plan that is scheduled to take effect in early July.
President Donald Trump, in a social media post, complained that other countries are offering "all sorts of incentives to draw our filmmakers and studios away from the United States," and that Hollywood and other U.S. regions "are being devastated." He said this is national security threat. "It is, in addition to everything else, messaging and propaganda! Therefore, I am authorizing the Department of Commerce, and the United States Trade Representative, to immediately begin the process of instituting a 100% Tariff on any and all Movies coming into our Country that are produced in Foreign Lands. WE WANT MOVIES MADE IN AMERICA, AGAIN!"
Senate Commerce Committee Chairman Ted Cruz told commerce deputy secretary nominee Paul Dabbar that, as "an experienced dealmaker," he hopes Dabbar will help to secure "freer and fairer trade with our allies, not across-the-board protectionism" -- and to also argue for that approach.
As CBP has made it clear that it will ramp up efforts to ensure companies and importers are complying with import regulations and all the assorted tariff modifications, the roles of customs brokers and import compliance experts have been elevated within company structures, several trade experts said this week in webinars.
Hogan Lovells lawyers, speaking to an audience from the Massachusetts Export Center, said that conservative Supreme Court justices' desire to curtail executive decision-making through the "major questions doctrine" could put a stop to tariffs on countries around the world levied via the International Emergency Economic Powers Act, or IEEPA.
CBP created Harmonized System Update 2517 on April 29, containing 254 Automated Broker Interface records and 58 Harmonized Tariff Schedule records. HSU 2517 includes the Section 232 auto parts updates: HTS 9903.94.05 and 9903.94.06, as well as partner government agency (PGA) updates. Additional information on the Section 232 Auto Parts Updates can be found here.
Imported automotive parts that can be filed under the free trade agreement between the U.S., Mexico and Canada will continue for now to face a 0% duty rate even as the 25% auto parts duty goes into effect for everyone else this weekend, CBP confirmed when it released guidance via a May 1 cargo systems message on the Section 232 import duties for certain auto parts.
CBP said it plans to publish by May 16 refund procedures "and any necessary updates" for imported goods that are no longer subject to tariff stacking, according to a May 1 cargo systems message.
The following lawsuits were filed at the Court of International Trade during the weeks of March 17-23, March 23-30, March 31 - April 6, April 7-13, April 14-20 and April 21-27:
Exemptions from reciprocal tariffs for goods that were in transit on April 5 or 9 only apply to ocean vessels, CBP said in an April 30 update to its FAQ on the tariffs.