At a hearing largely focused on the need to get other countries to lower their tariffs, sanitary and phytosanitary barriers, and discriminatory tariffs on services exports, Democrats on the House Ways and Means Trade Subcommittee focused on Trump's tariff hikes.
Commerce Secretary Howard Lutnick said on a podcast last week that he'll get the "great software companies in the world" to build "greatest customs processing [system] ever" for free.
Most business interests argued that removing goods subject to Section 301 tariffs is not administrable, would damage the economy, and, if not abandoned, needs a long lead time to prepare for, in comments to CBP.
When President Donald Trump was asked by a reporter at the White House if his threat to put 25% tariffs on countries that import oil from Venezuela would apply to China, the top importer, he said it would.
President Donald Trump promised tariffs on automobiles in the "next few days," and seemed to indicate they would be announced prior to April 2, the date he said that sector tariffs as well as reciprocal tariffs will come into effect.
President Donald Trump posted on social media that countries that buy oil or gas from Venezuela "will be forced to pay a Tariff of 25% to the United States on any Trade they do with our Country. All documentation will be signed and registered, and the Tariff will take place on April 2nd, 2025, LIBERATION DAY IN AMERICA. Please let this notification serve to represent that the Department of Homeland Security, Border Patrol, and all other Law Enforcement Agencies within our Country have been so notified."
Tariffs on countries that import Venezuelan oil could begin as early as April 2 and will be imposed on countries based on determinations from the State and Commerce departments, said an executive order issued by President Donald Trump on March 24.
Agriculture representatives from across the industry expressed nervousness at the Trump administration's current trade policy, saying that the potential for a trade war from reciprocal tariffs would devastate American farmers.
Apparel importers and retailers don't have much favor in this administration, but groups representing their interests tried to appeal to the Office of the U.S. Trade Representative's logical side in comments requested by the agency on the reciprocal tariffs slated for April 2. The trade group representing the greatly diminished domestic textile and apparel industry, in contrast, said reciprocal tariffs could be used to recoup $100 billion in annual lost sales.
Project 2025 recommends combining CBP's Office of Trade and Office of Trade Relations with the Office of Field Operations in order to “achieve streamlined operations and increase OT’s capacity and capability by leveraging OFO’s expansive resources,” according to the Project 2025 chapter on its recommendations for DHS.