At a press conference in Scotland, President Donald Trump told local reporters that adjustments to the 25% tariff charged on British steel and aluminum would be known "pretty soon."
President Donald Trump said he's no longer giving Russia 50 days, until Sept. 2, to stop its war in Ukraine or face trade measures. He told reporters in Scotland on July 28, "I'm going to make a new deadline of about 10 or 12 days from today. There's no reason in waiting," he said. "We just don't see any progress being made."
President Donald Trump, speaking to reporters in Scotland July 28, said that he expects the global tariff for small countries to be "in the range of 15 to 20%."
European Commission President Ursula von der Leyen said "all aircraft and component parts, certain chemicals, certain generics, semiconductor equipment, certain agricultural products, natural resources and critical raw materials" from EU countries will be duty-free in the U.S. as part of a trade deal between the two sides.
Reps. Celeste Maloy and Burgess Owens, two Republicans from Ohio, asked the Office of the U.S. Trade Representative this week to open a safeguard investigation on imports of lamb and mutton. They said Utah sheep ranchers will be submitting a new Section 201 petition to the International Trade Commission.
Former trade lawyer Scott Lincicome, who now leads the libertarian Cato Institute's trade division, said the administration learned the natural consequences of Section 301 tariffs when Chinese goods flow to India, Mexico and Vietnam as inputs to manufactured goods that are created in those countries.
President Donald Trump, speaking with reporters July 25 before boarding a flight to Scotland, downplayed the possibility of reaching an agreement to impose lower than his threatened 30% tariff on EU exports.
Sen. Bill Hagerty, R-Tenn., is leading a bipartisan effort to convince Mexico to stop its effort to seize the port owned by Vulcan Materials Company, on the Caribbean coast.
A bipartisan group in the House publicized a letter they sent last month to U.S. Trade Representative Jamieson Greer, asking him to remove 10% tariffs on coffee, and to avoid hiking tariffs on coffee beans in future deals.
Sen. Peter Welch, D-Vt., joined by two moderate Republicans, Minority Leader Chuck Schumer, and other Democrats, introduced a bill this week that would exempt small businesses from paying tariffs levied on Canada under the fentanyl emergency. Small businesses are defined by the Small Business Administration, based on either average employment or recent annual revenues, and some manufacturers can have as many as 1,500 employees. Small retailers, depending on the sector, may qualify with annual revenues at or below $9 million to $47 million.