A five-year renewal of the Haiti HELP/HOPE trade preferences is the only tariff liberalization legislation that was attached to the federal spending bill that will keep the federal government open through mid-March.
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.
President Joe Biden called for the creation of a new task force to counter foreign economic coercion, which he said will help the U.S. better respond to coercive measures by “countries of concern,” including China.
The U.S. requested a panel under the rapid response mechanism in the USMCA for the third time to investigate a Canadian mining facility located in Mexico. The Office of the U.S. Trade Representative said that the U.S. and Mexico were unable to come to an agreement and so "the United States therefore has determined that it is appropriate to request a panel to verify the facility’s compliance with Mexican labor laws."
A discussion draft modifying a carbon border tax bill narrows the product list, removing fossil fuels, chemicals and other goods that were original targets of the Senate bill, which was introduced a year ago (see 2311030006).
The Office of the U.S. Trade Representative is hiking tariffs on Chinese solar wafers and polysilicon to 50% and Chinese tungsten products covered by Harmonized Tariff Schedule subheadings 8101.94.00, 8101.99.10 and 8101.99.80 will face 25% tariffs, beginning Jan. 1.
The Office of the U.S. Trade Representative announced eligibility for “trade surplus” tariff-rate quotas (TRQs) for sugar originating in certain free trade agreement countries for calendar year 2025. USTR found Colombia, Panama and five members of the Dominican Republic-Central America Free Trade Agreement -- Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua -- eligible for the TRQ. The agency found that Chile, the Dominican Republic, Morocco and Peru don't qualify.
Sen. Rick Scott, R-Fla., asked U.S. Trade Representative Katherine Tai to open a Section 301 trade investigation on Chinese garlic growers, arguing that the sector is subsidized by forced labor and "other unfair and unethical trade practices."
The Office of the U.S. Trade Representative opened a Section 301 investigation on Nicaragua's actions and practices "related to labor rights, human rights, and the rule of law," saying that it is concerned that Nicaragua's "repressive and persistent attacks" on these rights and violations of the rule of law may burden U.S. commerce.
Four senators, a pair from both parties, introduced a bill that would authorize the U.S. trade representative, with consultation with Congress about objectives, to negotiate specialized trade agreements focused on critical minerals and rare earth elements. Those trade agreements would also need to get a vote of approval from Congress before they could enter into force.