No Plans for Tariff Deferrals, White House Adviser Says
The Trump administration won't be going forward with a broad customs duty deferral, White House economic adviser Larry Kudlow said in an April 3 interview on Bloomberg TV (see 2004030033). After considering a limit on such deferrals to most favored nation (MFN) duties, Kudlow said, the administration determined that such an action was “too complicated” and “might send the wrong signals.”
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Lobbying on the issue increased in recent days (see 2004020052) following reports that a deferral seemed likely (see 2003300035). “It is a victory for the domestic industries that lobbied hard to convince the administration that such a deferral would cause more harm than good,” Sidley Austin lawyer Ted Murphy said in a blog post. CBP didn't comment.