Democrats who worked to change the USMCA to make it palatable to their colleagues in the House of Representatives wrote to Mexican President Andres Manuel Lopez Obrador about their concerns that abusive union practices are continuing, and they asked him to keep them updated on efforts to change the culture in his country.
Jesus Seade, who led the USMCA negotiations on behalf of the president-elect in Mexico in 2018, said that while the World Trade Organization is a member-driven organization, the director-general should be more than just a facilitator, especially since the body is in crisis.
The Mexico Institute asked whether it was a mistake for Mexico's president to visit President Donald Trump four months ahead of Election Day, particularly since Trump has been so hostile to Mexican immigrants.
CBP issued the following releases on commercial trade and related matters:
The administration thought that allowing traders to certify that goods qualify for USMCA without having to use a specific form would be liberating, but traders continue to be confused about what to write, and wish there were a template to follow. There will be a template posted on the CBP website eventually, but it has not been done yet, a week after the USMCA replaced NAFTA.
Rep. Rick Larsen, one of the chairpersons of the New Democrats' trade task force, told the Washington International Trade Association that he thinks the U.S. has not gotten any benefit out of the Trump administration's trade war. When asked by International Trade Today if a Joe Biden administration would roll back the Section 301 tariffs, even if China does not give concessions on industrial subsidies or state-owned enterprises, Larsen said, “I think the next administration needs to reset where we are, how we’re going to approach this.”
CBP issued the following releases on commercial trade and related matters:
International Trade Today is providing readers with some of the top stories for June 29-July 2 in case they were missed.
Senate Finance Committee Chairman Chuck Grassley, R-Iowa, said, “generally technical fixes are easy to do,” and told International Trade Today that such a bill to make fixes to USMCA's implementation bill could hitch a ride on a Continuing Resolution to fund the government, if the bill were completed in time. Grassley said a week ago that he hasn't had any discussions on the technical fixes needed, including allowing post-importation refunds of merchandise processing fees.
The International Trade Commission posted Revision 14 to the 2020 Harmonized Tariff Schedule. The semiannual update to the HTS implements USMCA, which took effect July 1, and adds new tariff numbers for a variety of products, including diagnostic reagents and personal protective equipment. All changes take effect July 1, unless otherwise specified.