Consultants and associations that support international trade in Africa, Asia, Western Europe and the Western Hemisphere agreed that the shift in trade policy in the U.S. has trading partners questioning whether America will meet its commitments, or, in the words of the German Marshall Fund's Heather Conley, enter a "nationalistic economic crouch" that will be difficult to end. The panel spoke at a Washington International Trade Association event Feb. 12.
The Office of the U.S. Trade Representative seeks a second round of comments in connection with its biennial review of the operation of the USMCA "with respect to trade in automotive goods" (see 2311210026), following a hearing the agency held on Feb. 7 (see 2402050066), it said in a notice. Post-hearing comments are due by Feb. 28. In the review, USTR and the Interagency Committee on Trade in Automotive Goods are considering how USMCA rules affect the competitiveness, employment and investment in North America's automotive sector. USTR is required to publish a report on the subject every two years.
House Ways and Means Trade Subcommittee Chairman Adrian Smith, R-Neb., told an audience of trade professionals that while he appreciates the complaint that CBP cannot adequately screen packages that enter under de minimis, he thinks if de minimis is tightened, it could make enforcement even more difficult.
CBP issued the following releases on commercial trade and related matters:
For Sen. Chris Coons, D-Del., the future of U.S. trade policy is to make climate a trade policy priority, work with global allies to set digital trade standards and deepen the U.S. trading relationship with the global south.
U.S. Trade Representative Katherine Tai, speaking at the University of Chicago, sidestepped a question about whether the administration would change the Section 301 tariffs, saying that although "there's a lot of drama and emotion around tariffs," the China tariffs are "the least interesting aspect of the management of our trade and economic relationship."
Trade groups representing importers of motor vehicles are asking the Interagency Autos Committee to advocate for allowing used cars made during the NAFTA years to enter duty free if those vehicles qualified for NAFTA benefits, and to make it easier to prove that cars built since July 1, 2020, qualify for USMCA tariff benefits.
The Commerce Department published notices in the Federal Register Feb. 6 on the following AD/CV duty proceedings (any notices that announce changes to AD/CV duty rates, scope, affected firms or effective dates will be detailed in another ITT article):
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Automakers and their suppliers are telling the Biden administration in comments submitted ahead of an upcoming report that not having a form for certificate of origin has paradoxically made compliance more difficult. They also said that companies are having a difficult time certifying how much workers in the supply chain earn, and that the absence of final USMCA regulations are all problems for trade compliance in the more than three years since USMCA took effect.