The following lawsuits were filed at the Court of International Trade during the weeks of Oct. 27 - Nov. 2 and Nov. 3-9:
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.
As customs brokers and importers respond to sudden changes in U.S. trade compliance regulations, the trade will need to come up with new models that can allow companies to be nimble when those changes trickle down to the Harmonized Tariff Schedule, trade expert Cindy Allen said recently at the Automotive Industry Action Group's North American Customs and Trade Town Hall on Nov. 6 in Detroit.
President Donald Trump told a TV interviewer that there would be "surgical" reductions to reciprocal tariffs, and that he intends to lower tariffs on coffee.
China has suspended port fees for U.S. ships and sanctions on five U.S. subsidiaries of South Korean shipbuilder Hanwha Marine Corporation in response to the Trump administration's decision last week to drop ship fees for Chinese vessels and slash tariffs on Chinese goods (see 2511030005).
Over the weekend, President Donald Trump promised to give dividends of $2,000 to Americans from the revenues collected from his tariff policy.
Senate Finance Committee Chairman Mike Crapo, R-Idaho, blocked a vote on a bill that would end tariffs on imported coffee.
Section 122 of the Trade Act of 1974 may be a more limited "fall-back option" for the Trump administration should the Supreme Court strike down all the tariffs President Donald Trump has imposed under the International Emergency Economic Powers Act, Dr. Mona Paulsen, law professor at the London School of Economic Law School, wrote in a blog post.
There are probably five justices who will find that the reciprocal tariffs were not permissible under the International Emergency Economic Powers Act that the president used to impose them, according to Georgetown University Law Center Professor Marty Lederman. Lederman, a senior fellow in the Supreme Court Institute at Georgetown, was one of two guests on the weekly Washington International Trade Association podcast that aired Nov. 7.
The U.S. is likely to commit to a full renegotiation of USMCA during the trade pact's upcoming sunset review and could even abandon the trilateral agreement in favor of individual ones, according to Miguel Messmacher, former chief economist at the Ministry of Finance of Mexico.