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.
President Donald Trump announced his intention to use tariffs to force countries to accept planes full of their deported citizens, as well as new sector specific targets beyond steel and aluminum.
President Donald Trump's recent threat to slap Colombia with a 25% tariff could serve as a harbinger for how he could interact with Canada, Mexico and other trading partners when it comes to tariffs, according to industry observers interviewed by International Trade Today.
With 25% tariffs on Canadian and/or Mexican goods hanging like a sword of Damocles over importers' heads, some are rushing to bring their goods in before Saturday, some are getting ACH set up for electronic transfer of payment to CBP -- and some are doing absolutely nothing.
North America trade expert Dan Ujczo, from Thompson Hine, was expecting 25% tariffs on Canada and Mexico to begin Jan. 20.
President Donald Trump railed against the trade stance of the European Union, as he often has, as he talked about tariffs and trade deficits with reporters as he signed executive orders on the first day of his second term.
President Donald Trump told reporters that his administration is still thinking of imposing 25% tariffs on both Mexican and Canadian goods "because they're allowing vast numbers of people -- Canada's a very bad abuser also -- vast numbers of people to come in, and fentanyl to come in. I think we'll do it February 1st."
The following are short summaries of recent CBP NY rulings issued by the agency's National Commodity Specialist Division in New York:
In a complaint filed Jan. 15, steel wire exporter Tree Island said CBP erroneously assessed Section 301 and Section 232 tariffs on 11 of its entries (Tree Island Industries v. United States, CIT # 25-00019).
Scott Bessent, President-elect Donald Trump's nominee for treasury secretary, told the Senate Finance Committee that they should think about how tariffs will be deployed by thinking of three categories.