President Donald Trump, in response to a question from a reporter at the White House, said 25% tariffs on Canada and Mexico are coming on Feb. 1, on Saturday.
The following are short summaries of recent CBP NY rulings issued by the agency's National Commodity Specialist Division in New York:
Commerce secretary nominee Howard Lutnick vigorously defended the prospect of imposing tariffs on all goods from places like the EU, Japan or South Korea during his confirmation hearing Jan. 29, saying those countries deserve it, as they either use food safety rules to protect their farmers, put up barriers to American car imports, or undercut American manufacturing with their exports of manufactured goods.
Momentum is building for President Donald Trump to levy 25% tariffs on Mexico and Canada on Feb. 1 even though his administration has yet to engage in meaningful trade talks with both countries, a Jan. 26 Wall Street Journal report suggests.
The following lawsuits were filed at the Court of International Trade during the week of Jan. 20-26:
The following are short summaries of recent CBP NY rulings issued by the agency's National Commodity Specialist Division in New York:
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.