President Donald Trump elaborated on his tariff intentions with reporters in the White House, after posting online earlier in the day that 50% tariffs would begin on EU exports on June 1, and that he would be imposing a 25% tariff on imported iPhones.
President Donald Trump wrote on social media that he is recommending "a straight 50% tariff on the EU" starting June 1 because talks with the EU "are going nowhere!" He said, as he has before, that the EU "was formed for the primary purpose of taking advantage of the United States on TRADE."
The head of the Africa Program at the Carnegie Endowment for International Peace said that Africans who are worried about the possible end of the African Growth and Opportunity Act should remember that it's not just their countries that are losing trade access.
Cecilia Malmstrom, a former top European Commission trade official, said the EU is "painfully aware that the transatlantic relationship as we used to know it has been severely damaged."
The International Trade Commission published notices in the May 22 Federal Register on the following antidumping and countervailing duty (AD/CVD) injury, Section 337 patent or other trade proceedings (any notices that warrant a more detailed summary will be in another ITT article):
The Commerce Department published notices in the Federal Register May 22 on the following antidumping and countervailing duty (AD/CVD) proceedings (any notices that announce changes to AD/CVD rates, scope, affected firms or effective dates will be detailed in another ITT article):
The Commerce Department has released the final results of the antidumping duty administrative review on welded stainless steel pressure pipe from Vietnam (A-552-816). These results will be used to set final assessments of AD on importers for subject merchandise entered July 1, 2022, through June 30, 2023.
The Commerce Department is amending the final results of the antidumping duty administrative review on raw honey from Argentina (A-357-823), which became effective April 14. The change is to correct ministerial errors in the calculations of the rates for entries of subject merchandise from one company during the period Nov. 23, 2021, through May 31, 2023.
The Commerce Department issued antidumping duty orders on dioctyl terephthalate (DOTP) from Malaysia (A-557-827), Poland (A-455-808), Taiwan (A-583-875) and Turkey (A-489-852). The orders detail a “gap period” of May 5-14, 2025, of no AD liability.
On May 21, the FDA posted new and revised versions of the following Import Alerts on the detention without physical examination of: