The Section 232 tariffs on copper and its derivatives appear to have been developed under a greater understanding of how U.S. manufacturing works, according to trade expert Cindy Allen, who appeared on an Aug. 1 "Simply Trade" podcast episode to discuss the numerous U.S. trade actions that occurred last week.
Switzerland's government said it will continue negotiations in the hopes of avoiding 39% U.S. tariffs that begin Aug. 8, which it says will apply to 60% of its exports. Pharmaceuticals, a major product from Switzerland, are not subject to reciprocal tariffs.
A potential Chinese blockade of Taiwan could significantly affect trade routes to and from Asia, along with broader supply chains that depend on the region, said Eric Heginbotham, an international studies research scientist at the Massachusetts Institute of Technology.
Dominic LeBlanc, Canada's minister for U.S.-Canada trade relations, said that while conversations with Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer have been cordial and productive, "we're not yet where we need to go to get the deal that's in the best interest of the two economies."
The International Trade Commission published notices in the Aug. 4 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 Aug. 4 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 is giving advance notice that in automatic five-year sunset reviews scheduled to begin in September it will consider revoking the antidumping duty and countervailing duty orders on kitchen appliance shelving and racks from China (A-570-941/C-570-942), as well as the antidumping duty order on steel concrete reinforcing bar from Mexico (A-201-844) and the countervailing duty order on steel concrete reinforcing bar from Turkey (C-489-819). These orders will be revoked, or the investigation terminated, unless Commerce finds that revocation would lead to dumping and the International Trade Commission finds that revocation would result in injury to the U.S. industry, Commerce said.
The Commerce Department and the International Trade Commission began five-year sunset reviews of the antidumping duty and countervailing duty orders on polyethylene terephthalate (PET) film from India (A-533-824/C-533-825) and crystalline silicon photovoltaic products from China (A-570-010/C-570-011), as well as the antidumping duty orders on PET film from China (A-570-924), Taiwan (A-583-837) and the United Arab Emirates (A-520-803); PET sheet from South Korea (A-580-903); and crystalline silicon photovoltaic products from Taiwan (A-583-853), Commerce said in a notice Aug. 1.
The Commerce Department is announcing the opportunity to request administrative reviews by Sept. 2 for producers and exporters subject to 46 antidumping duty orders and 16 countervailing duty orders with August anniversary dates.
The Commerce Department will retroactively suspend liquidation and set countervailing duty cash deposit requirements for previously uncovered entries of overhead door counterbalance torsion springs from India (C-533-937), and will also apply retroactive antidumping duties to overhead door springs from China and India (A-533-936, A-570-186), it said July 29.