Sen. Tammy Baldwin, D-Wis., sent U.S. Trade Representative Katherine Tai a letter less than two weeks ahead of election day, asking her to quickly initiate a Section 301 investigation on Chinese support for fentanyl trafficking. Families of those who died from overdoses filed a petition last week (see 2410180039).
The Aluminum Association is pleased by the hike in Section 301 tariffs on aluminum products -- even though it applies to more products than it wishes were covered -- and says Mexico's reporting is helping with trade remedies covering Chinese, Russian and Belarussian steel.
The following lawsuits were filed at the Court of International Trade during the weeks of Oct. 7-13 and Oct. 14-20:
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.
Decoupling between the U.S. and China in the most technologically advanced products is real, economists said at an Oct. 21 Peterson Institute for International Economics event, but trade overall between the two countries continues to grow, if more slowly than trade with other partners.
A group of parents and other family members of those who overdosed on fentanyl are asking the Office of the U.S. Trade Representative to double the 25% Section 301 tariffs on lists 1 and 2 under the existing Section 301 action, combined with no de minimis eligibility for all Chinese goods.
Treasury Secretary Janet Yellen, without naming Trump, criticized his economic approach, saying a broad-based tariff would be like a sales tax.
Republican presidential candidate Donald Trump is likely to react “more negatively and more directly” than his Democratic rival, Vice President Kamala Harris, to the EU’s plan to start taxing carbon-intensive imports, a former U.S. trade official said Oct. 17.
Officials from Squire Patton Boggs said that if Donald Trump returns to the presidency, a 10% tariff or higher on a vast swath of imports could come very quickly, but what wouldn't be subject to the tariffs is not yet clear.
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.