House Democrats, left and center, introduced a bill that would roll back all the tariffs imposed under the International Emergency Economic Powers Act -- 10% global tariffs and those on Canada and Mexico -- and would require that most tariffs, quotas, tariff rate quotas or concessions receive approval from Congress before going into effect.
Reps. Gregory Meeks, D-N.Y., Josh Gottheimer, D-N.J., Jeff Hurd, R-Colo., and Don Bacon, R-Neb., have introduced a bill that would require congressional approval for certain future tariff actions, matching legislation introduced by senators last week (see 2504030018).
The Trump administration's decision to pause most reciprocal tariffs on April 9 was a "well-planned move" and not a reaction to the bond market, National Economic Council director Kevin Hassett said in an interview with CNBC April 10.
President Donald Trump said that the 10% universal tariff rate that he imposed on April 2 is not necessarily permanent, depending on what other countries are willing to give the U.S. in return for removal.
Two members of the Blackfeet Nation tribe filed a lawsuit in the U.S. District Court for the District of Montana against various tariff actions by President Donald Trump, arguing that Trump's use of the International Emergency Economic Powers Act is an "unconstitutional exercise of congressional authority." The individuals, Montana state Sen. Susan Webber and rancher Jonathan St. Goddard, also claimed that Trump's tariff orders unconstitutionally deprived them of procedural due process and are "void for vagueness."
CBP issued the following releases on commercial trade and related matters:
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website April 9, along with the case number(s) and CBP message number, is provided below. The messages are available by searching for the listed CBP message number at CBP's ADCVD Search page.
CBP has released its April 9 Customs Bulletin (Vol. 59, No. 15). It contains the following ruling actions:
CBP created Harmonized System Update 2515 on April 10, containing 88 Automated Broker Interface (ABI) records and 35 Harmonized Tariff Schedule records. HSU 2515 includes the reciprocal tariff updates, effective April 10.
CBP has postponed indefinitely an enhancement for removing and restoring filers' ability to file Type 86 entries, according to the latest ACE Notional Development and Deployment Schedule. The date of this enhancement is now "TBD," according to the report, released on April 10 in a CSMS message.