A bipartisan bill to increase financial pressure on Russia to stop its aggression in Ukraine no longer gives the president the authority to hike tariffs on countries like Turkey, China and Hungary that purchase Russian oil and gas. The original approach was to give the president the ability to impose tariffs as high as 500% on those countries' exports; he has hiked tariffs on Indian goods by 25 percentage points over the issue.

Ceratizit USA, a North Carolina-based tungsten carbide distributor, agreed to pay $54.4 million to settle allegations it violated the False Claims Act by "knowingly and improperly failing to pay duties owed on tungsten carbide products" from China, DOJ announced.

CBP has issued a withhold release order against imports manufactured in Serbia by Linglong International Europe based on information CBP said "reasonably indicates" the use of forced labor.

U.S. Trade Representative Jamieson Greer said the Trump administration will recommend renewal of USMCA only if 20 issues can be resolved, and maybe more, as he told Congress this isn't an exhaustive list.

Senate Finance Committee Chairman Mike Crapo, R-Idaho, heartily endorsed the House Republicans' approach to renewing Haitian trade preferences and the African Growth and Opportunity Act.

Cuts to reciprocal tariffs under a recent trade deal with Switzerland and Liechtenstein will take retroactive effect Nov. 14, according to a notice from the Commerce Department and the Office of the U.S. Trade Representative.

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House Majority Leader Steve Scalise, R-La., the man in charge of setting the calendar of floor votes, did not directly answer a question on whether the Haiti trade preference bill and the African Growth and Opportunity Act will get a vote in January, but indicated they're on his radar.

Steve Verheul, Canada's chief trade negotiator during President Donald Trump's first term, who worked on NAFTA's replacement, says Canada wants a trade pact that has known rules, and whose stability allows companies to make long-term plans.

The Commerce Department will on Jan. 1 begin a two-week window for requests for new products to be included under Section 232 tariffs on auto parts, it said in a notice released Dec. 15. Inclusion requests will be accepted through 11:59 p.m. ET on Jan. 14, after which the agency will post the inclusion requests it receives for comment and begin a 60-day process to consider whether to grant the inclusions.