U.S. Trade Representative Katherine Tai, in responses to Senate Finance Committee members, talked about changes needed in USMCA, declined to endorse a permanent e-commerce tariff moratorium and called for more money for CBP, to address Section 301 tariff circumvention.
Rep. Jared Golden, a Maine Democrat representing a district with a majority of Donald Trump voters, has introduced a bill to impose a blanket 10% additional tariff on all imports, an echo of Trump's original proposal. The former president later said he might impose a 20% tariff on those imports.
Texas-based syringe importer Retractable Technologies took to the Court of International Trade to contest the 100% increase of Section 301 tariffs recently imposed on needles and syringes from China. The complaint is seeking a temporary restraining order and a preliminary injunction against the duties, claiming that the tariffs could send the company out of business (Retractable Technologies v. United States, CIT # 24-00185).
Rep. Jodey Arrington, R-Texas, a member of the House Ways and Means Committee and chairman of the Budget Committee, recently introduced a bill that would allow the administration to impose Section 301 tariffs on goods made outside of China if they are made by Chinese firms.
The chair and co-chair of the House Select Committee on China told an audience of Uyghur activists and others concerned about Chinese human rights abuses that they are pleased recommendations from their committee have become legislation.
Former President Donald Trump, speaking at campaign rallies around the country in recent days in his quest to return to the White House, has threatened to impose a 200% tariff on John Deere imports if it keeps expanding manufacturing in Mexico, and that he would do the same to anyone else that moved manufacturing to another country.
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While a top CBP official didn't give any specifics on how many brokerages were suspended from a pilot that allows electronic clearance of de minimis packages (see 2405310054), he told attendees at an annual National Customs Brokers & Forwarders Association of America conference not to "be afraid of that enforcement," as the brokers who were suspended were so lax that there wasn't even anything that the companies could argue about with CBP.
A former Trump administration trade official said he can't predict whether a global 10% or 20% tariff will be imposed early under a potential new Trump administration, or exactly how tariffs on Chinese goods might be hiked, but Akin partner Clete Willems said he's telling business people to take these ideas seriously, even if every proposed change doesn't come true.
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.