Sen. Tim Kaine, D-Va., called on the Senate to revoke what he called "the fake emergency" of drug smuggling and migration across the Canadian border, the pretext for imposing 25% tariffs on most Canadian goods and 10% tariffs on energy and potash fertilizer.
To date, no major lawsuits challenging any of the new tariff actions taken by President Donald Trump have been filed. The reasons for that include high legal hurdles to success and inconsistency in the implementation of the tariffs, trade lawyers told us.
Robust communication with importers’ suppliers, as well as using publicly available alternative data sets, are two ways that companies can ensure UFPLA compliance, especially in an environment of uncertainty about how much the White House will focus on forced labor in the supply chain, according to speakers participating on two webinars hosted by Kharon last week.
President Donald Trump, in interviews with "Meet the Press" over the weekend, said a 25% tariff on purchasers of Russian oil could happen at any moment if he decides Russia is the impediment to peace in Ukraine.
Authorities in Beijing watching the Trump administration "sabotage itself" with tariffs on allies and redefinition of the international order are in no hurry to establish a U.S.-China trade deal, experts said at a March 31 event.
President Donald Trump, talking to reporters in the Oval Office, declined to say whether tariffs would be tailored to individual countries, or there would be a universal rate on all imports, saying that he'll let them know either Tuesday night, or probably April 2.
Five Democrats on the House Ways and Means Committee introduced a bill this week that would repeal Section 338 of the Tariff Act of 1930, which allows a president to impose 50% tariffs on trading partners if they're deemed to be discriminating against U.S. products. It doesn't require the president to disclose the evidence of discrimination.
Sen. Tim Kaine, D-Va., the leader on a push to revoke the emergency underlying 25% tariffs on many Canadian goods and 10% tariffs on Canadian energy, said his resolution will get a vote on April 1.
President Donald Trump described his phone call with Canadian Prime Minister Mark Carney as "extremely productive," in a social media post, adding "we agree on many things, and will be meeting immediately after Canada’s upcoming Election to work on elements of Politics, Business, and all other factors, that will end up being great for both the United States of America and Canada. Thank you for your attention to this matter!"
Customs attorney Dan Ujczo, who has contacts in the White House as well as clients who are major automakers, said he thinks the 25% tariffs on Canada and Mexico over migration and fentanyl will continue past April 2, and will be stacked with auto tariffs and the reciprocal levies.