Kevin Hassett, a top economic adviser who returned for President Donald Trump's second term, told reporters at the White House on Feb. 21 that he and Commerce Secretary Howard Lutnick had just met with top Mexican officials about fentanyl and about reciprocal trade.
The Commerce Department has published the final results of the countervailing duty administrative review on certain oil country tubular goods (OCTG) from South Korea (C-580-913). These final results will be used to set final assessments of CVD on importers for subject merchandise entered .Sept. 29, 2022, through Dec. 31, 2022.
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's plan to remove the de minimis exemption from goods made in China and Hong Kong may just be the start of a bigger push to remove that exemption from other countries, according to trade experts speaking during a Feb. 13 webinar sponsored by ShipHero, a warehouse management system provider for e-commerce and third-party logistics firms.
CBP's Commercial Customs Operations Advisory Committee will be holding its quarterly meeting on March 5 in Atlanta, according to a Federal Register notice.
CBP issued the following releases on commercial trade and related matters:
Rep. Rosa DeLauro, D-Conn., one of the leading voices in the House to end de minimis for e-commerce, said she wants President Donald Trump to remove all e-commerce from de minimis, so that it goes back to its original purpose of covering tourists' purchases. Given international direct-to-consumer shipping, "It’s become a vast gap in our customs regime," she said, causing a "flood of impossibly low-priced products that put American manufacturers out of business," and making it "almost impossible to enforce the ban on goods made with forced labor."
President Donald Trump's chief spokesman from his first term said that half-baked orders from the White House -- like an order to end de minimis for Chinese goods that CBP was not ready to implement -- is in part a result of Trump's memories of his staff trying to slow-walk and stop his tariff ideas.
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.
Suspension of liquidation and countervailing duty cash deposit requirements take effect Feb. 10 for imports of corrosion-resistant steel products from Brazil (C-351-863), Canada (C-122-872), Mexico (C-201-864) and Vietnam (C-552-844), after the Commerce Department found countervailable subsidization in preliminary determinations in its ongoing CVD investigations.