President Donald Trump, at a Cabinet meeting conducted in front of the press on July 8, said that an announcement on lumber tariffs or quotas "just came out," adding, "now today, we're doing copper. I believe the tariff on copper we're gonna make that 50%."
Beijing is following through on a trade agreement recently reached with Washington by approving license applications for certain exports to the U.S., a Ministry of Commerce spokesperson said July 4 in response to a reporter's question at a press conference, without providing specific details.
A spokesman for the European Commission said the EU is not viewing the new Aug. 1 effective date of higher country-specific reciprocal tariffs as a sign they have more weeks to reach an agreement with the U.S. on tariffs. "Our aim remains to find an agreement before the ninth of July," Olof Gill told reporters in Brussels on July 7.
The Commerce Department published notices in the Federal Register July 7 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 published the preliminary results of its antidumping duty administrative review on stainless steel sheet and strip in coils from Taiwan (A-583-831). Rates calculated in this review will be used to set assessment rates for importers of subject merchandise from the exporters remaining in the review that was entered July 1, 2023, through June 30, 2024.
The Commerce Department has released the final results of the antidumping duty administrative review on heavy walled rectangular welded carbon steel pipes and tubes from South Korea (A-580-880). Commerce made changes to the calculations used in its preliminary results, but the calculated zero percent AD rate for HiSteel Co., Ltd., the only company under review, remained the same in the final results.
On July 3, the FDA posted new and revised versions of the following Import Alerts on the detention without physical examination of:
The Foreign-Trade Zones Board issued the following notices July 7:
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 July 3, 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.