Mexico should remain an attractive option for importers despite volatility from U.S. tariff threats, Mexico-based trade lawyer Alejandro Gomez argued during a Feb. 26 webinar hosted by In-House Connect, with lawyers from Foley & Lardner.
The EU chairman of the Committee for International Trade and a former U.S. trade representative predicted that the trade dispute between the U.S. and the EU is unlikely to subside soon due to "fundamental disagreements" over economic policy.
More than 30 organizations, including the U.S. Chamber of Commerce and the National Customs Brokers & Forwarders Association of America, asked House and Senate leadership to hold a vote on the Generalized System of Preferences benefits program during the lame duck session next month.
Trump transition team members may have already drafted an executive order hiking tariffs on Chinese imports, said Peterson Institute for International Economics fellow Mary Lovely, during a webinar moderated by former European commissioner and now PIIE fellow Cecilia Malmstrom.
As Donald Trump returns to the White House in January, a short-term spike in import volumes at U.S. ports is inevitable, given the president-elect's strident stance on tariffs, some logistics experts say.
Two analysts from Rhodium Group said it's quite possible the Commerce Department will give "special authorization" to Volvo and Polestar so that those cars, manufactured in the U.S., can still be sold in 2027 and beyond.
China-dependent supply chains developed because of the demands of retailers to sell products at low price points, a panelist explained at the Commerce Department's first supply chain summit, but the company is working to change that.
U.S. Trade Representative Katherine Tai told podcast hosts at Bloomberg News that the U.S. and other countries that lost manufacturing jobs as China ramped up its exports from 2000 to 2019 are saying: "We will not tolerate, we cannot tolerate a China Shock 2.0."
China’s recently announced export restrictions on antimony (see 2408150022) are expected to cause supplies of the critical mineral to tighten and prices to rise sharply, the Center for Strategic and International Studies said Aug. 20.
The U.S. Navy is trying to help commercial cargo ships maintain the alternative trade routes companies have found as the U.S. works to end Houthi attacks on ships transiting the Gulf of Aden and the Red Sea, Vice Admiral George Wikoff said. And although the U.S. has used sanctions to target several Iran-backed networks helping to supply the Houthis, he said the U.S.-designated terror group is increasingly diversifying its suppliers and is becoming a legitimate technology exporter.