Under aggressive questioning from Rep. Ayanna Pressley, D-Mass., Treasury Secretary Scott Bessent said that exempting tariffs on car seats, cribs, high chairs and other essential baby items "is under consideration."
Vice President JD Vance, at a Q&A with Wolfgang Ischinger, a former German ambassador to the U.S., said it should be "very, very easy" to talk with officials at the EU about the bloc lowering its regulatory barriers to trade and its approach to U.S. tech giants.
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website May 6, along with the case number(s) and CBP message number, is provided below. The messages are available by searching for the listed CBP message number at CBP's ADCVD Search page.
CBP will increase the number of Harmonized Tariff Schedule codes that may be submitted per entry line from eight to 32, trade consultant Bonnie Kersch said in a LinkedIn post May 6. Attendees were told of the change during CBP’s Trade and Cargo Security Summit in New Orleans that day, with gasps and laughing audible among the audience, according to replies to the post.
President Donald Trump, responding to a reporter's quote from Treasury Secretary Scott Bessent that the administration is considering tariff exemptions for car seats from China [see Ref:2505060052]), said he doesn't know if he wants to do that.
Treasury Secretary Scott Bessent, after an evening announcement that he would travel to Switzerland to have trade talks with China on May 10 and 11, said that at current levels of tariffs, there's a trade embargo between the two countries.
Malaysia's Ministry of Investment, Trade & Industry will be the only entity capable of issuing non-preferential certificates of origin for Malaysian shipments destined to the U.S., the agency said this week, adding that the change will help address traders that use its ports to illegally transship foreign goods to the U.S. and evade certain American import duties.
The International Trade Commission is seeking public input on remedies for its Section 337 investigation on Asus' imported computing equipment (ITC Inv. No. 337-TA-1382), it said in a notice to be published May 7. The ITC initiated the investigation in 2023 based on allegations that imports of Asus electronic computing devices infringe patents held by Lenovo (see 2312190066). The ITC partially terminated the investigation with respect to several of the claims at Lenovo's request, and the administrative law judge issued a final determination of no Section 337 violation. The ITC determined to review in full the ALJ's determination and is requesting written submissions addressing remedy by “close of business” on May 15.
The Commerce Department published notices in the Federal Register May 6 on the following antidumping and countervailing duty (AD/CVD) proceedings (any notices that announce changes to AD/CVD rates, scope, affected firms or effective dates will be detailed in another ITT article):
The Commerce Department said it's rescinding the administrative review of the antidumping duty order on certain cased pencils from China (A-570-827) for the period of review Dec. 1, 2023, through Nov. 30, 2024, because there were no reviewable, suspended entries of subject merchandise during the review period for the five companies that remained under review after 34 others were determined not eligible for review. The five companies are: Centraline Stationery & Gift Co. Limited; Ningbo Homey Union Co., Ltd.; Shandong Wah Yuen Stationery Co. Ltd.; Tianjin Tonghe Stationery Co. Ltd; and Wah Yuen Stationery Co. Ltd.