The House Aerospace Caucus co-chair, and 23 other Republicans, are asking the administration to preserve zero tariffs for aerospace goods that have been in place since 1979 under the Civil Aircraft Agreement, and to push for more countries to pledge to allow imports of commercial aircraft and parts duty-free. (The U.S. is one of 58 countries that follow the agreement, though since the reciprocal tariffs were imposed, most aerospace imports outside Canada, Mexico and the U.K. are facing tariffs.)
Senate Finance Committee Chairman Mike Crapo, R-Idaho, wanted to include trade items in the bill that extends and expands Trump income tax cuts, according to a lobbyist on trade matters.
Major Asian trading partners may be diverging as countries try to avoid U.S. tariffs jumping from 10% to rates in the mid 20s.
Producing scrubs in Haiti allows American firms to avoid 29% tariffs on pants, 16% tariffs on tops, and still import the fabric from Asia. But the trade preferences for Haiti known as HOPE/HELP expire in three months and 11 days, and Republicans who control the voting calendar are not reassuring the companies that it will be renewed on time.
Vietnam and the Philippines are the Southeast Asian countries closest to a trade deal with the U.S., said a former assistant U.S. trade representative on a webinar hosted by the Asia Program of the Carnegie Endowment for International Peace on June 17.
Bloomberg reported that an Indonesian delegation's trip to Washington that had been scheduled for next week was canceled because its proposal to address its trade surplus was considered sufficient.
The Office of the U.S. Trade Representative is seeking comments on whether member countries of the Caribbean Basin Initiative (CBI) are meeting the criteria for their inclusion, as well as comments on CBI's operations itself, it said in a Federal Register notice.
A Polish official expressed optimism that the U.S. and European countries could hash out a trade deal soon, even as the 90-day timeline for the pause of reciprocal tariffs ends in less than a month.
The U.S. and China reached an agreement for Beijing to rein in export curbs on critical minerals, and for the U.S. to "provide to China what was agreed to," President Donald Trump said June 11, offering few details about the substance of the deal.
Treasury Secretary Scott Bessent said that if 18 major trading partners negotiate in good faith, "it is highly likely ... we will roll the date forward to continue in good faith negotiations." He was referring to the July 9 deadline when country-specific reciprocal tariffs above 10% are due to return.