A recent CBP ruling saying gold bars are subject to reciprocal tariffs has sent shock waves through the gold futures market this week, according to news reports.
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U.S.-origin resin bought by a Chinese manufacturer to make zipper bags isn't an assist for valuation purposes because it was bought at full price from U.S. suppliers unrelated to the U.S. importer of the bags, CBP said in a recent ruling.
The American Apparel and Footwear Association thanked the Trump administration's suspension of higher tariff rates on China, but said the measure only keeps American companies and consumers "stuck in the same holding pattern" since President Donald Trump's "Liberation Day" tariffs were announced.
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.
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August 5, 2025
Former Commerce Assistant Secretary Joins Covington as Partner
Arun Venkataraman, the former assistant secretary of commerce for global markets, has joined Covington & Burling as a partner in the international trade practice, the firm announced. While at Commerce 2022-25, Venkataraman led efforts to "expand commercial opportunities for U.S. firms overseas and foreign firms in the United States," Covington said. In addition to his role as assistant secretary, Venkataraman served as director general of the U.S. and Foreign Commercial Service at the International Trade Administration. Prior to joining the Commerce Department, he worked at Visa as the senior director for global government engagement and at the Office of the U.S. Trade Representative as director for India.
ArentFox Schiff Customs Attorney Joins BakerHostetler as Counsel
Robert Shervette, a former senior customs attorney at ArentFox Schiff, has joined BakerHostetler as counsel, he announced on LinkedIn. Shervette joined ArentFox in 2018 and covered various customs issues. Previously, he served as an attorney at CBP covering customs and trade compliance and intellectual property rights trade compliance.
Former Commerce Assistant Chief Counsel Joins Alston & Bird
Elio Gonzalez, a former Commerce Department attorney, has joined Alston & Bird as counsel in the Washington D.C. office, Gonzalez announced on LinkedIn. Gonzalez worked at Commerce for the past six years, joining as an attorney in 2019 and rising to assistant chief counsel in September 2024 before departing from the agency. Prior to joining Commerce, Gonzalez served as an attorney at CBP in Long Beach, California, for nearly five years.
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