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NRF: US Import Volumes Elevated in December
January 10, 2025 |Trade Business

U.S. imports got a boost in December and are likely to be elevated in January compared with year-ago levels, according to the National Retail Federation, as retailers brought in spring merchandise early to hedge against the potential of a labor strike at East Coast and Gulf Coast terminals -- a strike threat that was averted this week (see 2501090003).

CPA Says Mexican Steel Should Face 25% Tariff
January 10, 2025 |Trade Business

The Coalition for a Prosperous America, an advocacy group aligned with President-elect Donald Trump's trade and manufacturing policies, is calling on his administration to reinstate Section 232 tariffs on Mexican steel. "If Mexico continues to breach its commitments, CPA urges the Trump administration to reconsider Mexico’s participation in USMCA altogether," the group wrote in a release issued Jan. 10.

Topics:Customs duty, USMCA
Cuellar Says 25% Tariffs on Mexico Unlikely
January 9, 2025 |Congress

Rep. Henry Cuellar, a Democrat who represents Laredo, Texas, said that if Donald Trump, once he becomes president, were to impose 25% tariffs on Mexico, it would be very disruptive to business in his district. Trump re-upped the threat of those tariffs in a press conference earlier this week (see 2501070027). He had said he would hike tariffs on all Mexican and Canadian goods if Mexico and Canada don't crack down to his satisfaction on migration and drug trafficking into the U.S.

Top ITT Articles From 2024
January 2, 2025 by Brian Feito|Top News

International Trade Today is providing readers with the top 20 stories published in 2024. All articles can be found by searching on the titles or by clicking on the hyperlinked reference numbers.