Steel industry executives told a bipartisan panel of House members that Canada and Mexico shouldn't be allowed an exemption from Section 232 tariffs, and a representative of Nucor, the largest U.S. steel manufacturer, asked the members to "vocally oppose any efforts to weaken these measures, whether through carve-outs for countries like Canada and Mexico or through gamesmanship like under-reporting the value of steel and steel products."
While the Venezuela military action doesn't affect trade substantially, a panel of experts said the fallout with regard to President Donald Trump's comments about Greenland afterward could "blow up the U.S.-EU deal."
President Donald Trump repeated his support for Iranian protesters to an audience in Detroit, saying, "You saw that I put tariffs on anybody doing business with Iran. Just went into effect today."
While the Venezuela military action doesn't affect trade substantially, a panel of experts said the fallout with regard to President Donald Trump's comments about Greenland afterward could "blow up the U.S.-EU deal."
House Ways and Means Committee member Rep. Beth Van Duyne, R-Texas, introduced a bill last week that would impose 10% tariffs on goods imported from countries that have trade surpluses with the U.S. and 15% tariffs on goods from countries that have trade deficits with the U.S.
Despite continued aggressive rhetoric around trade policy, tariff levels heading into 2026 are likely to stabilize as the Trump administration pivots to affordability issues, according to Flexport executives speaking during a Jan. 8 webinar on tariff trends.
The following are short summaries of recent CBP NY rulings issued by the agency's National Commodity Specialist Division in New York:
A domestic coalition recently filed a petition with the Commerce Department and the International Trade Commission requesting antidumping and countervailing duties be imposed on fresh winter strawberries from Mexico. Commerce now will decide whether to begin AD/CVD investigations, which could result in the imposition of permanent AD/CVD orders and the assessment of AD and CVD on importers. The investigation was requested by the Strawberry Growers for Fair Trade, which consists of Florida-based companies and the Florida Department of Agriculture and Consumer Services.
The following are short summaries of recent CBP NY rulings issued by the agency's National Commodity Specialist Division in New York:
The Commerce Department erred by including manufacturer Tecnicas de Fluidos' products within the scope of the antidumping duty order on light-walled rectangular pipe from Mexico and by collapsing respondent Maquilacero and Tecnicas, its affiliate, in the 2022-23 administrative review of the order, Maquilacero and Tecnicas argued in a motion for judgment (Maquilacero v. United States, CIT # 25-00176).