Although China agreed to temporarily suspend its sweeping rare earth export restrictions, the threat of those controls returning appears likely, said Jude Blanchette, director of the Rand China Research Center.
The U.S. will drop tariffs on Chinese goods by 10 percentage points on Nov. 10, and also will stop collecting ship-docking fees under the Section 301 action on shipbuilding on that date, the administration announced over the weekend. The fees are suspended for one year.
The Bureau of Industry and Security recently posted to its website frequently asked questions about the process for specific authorizations that exempt Chinese connected vehicles, parts and software from a ban on sales that starts in model year 2027. The FAQ includes information on how to submit an application, the review process, and whether a specific authorization is necessary.
More Republicans will vote to roll back fentanyl tariffs on Canada, lead sponsor Sen. Tim Kaine predicted the evening of Oct. 28, ahead of a vote on the Brazil emergency underpinning additional 40% tariffs on the majority of Brazilian exports.
Think tank and academic experts say that China and the U.S. are misinterpreting both sides' actions and the other country's vulnerability to the trade war, and that may extend the battles.
China’s recently issued rare earth export controls were likely a response to the Commerce Department’s 50% rule for the Entity List and highlighted the ongoing communication issues between the two sides, said David Sacks, the White House’s AI policy adviser.
President Donald Trump told reporters that unless China stops fentanyl shipments, resumes buying U.S. soybeans and stops playing "the rare earth game with us," he won't lower tariffs.
RANCH MIRAGE, Calif. -- The Federal Maritime Commission is increasing its enforcement action against ocean transportation intermediaries (OTIs) to promote adherence to licensing and tariff regulations, speakers said at the Pacific Coast Council’s Western Cargo Conference last week.
Serena Tang, who recently left her position as a trial attorney at the Federal Maritime Commission’s Bureau of Enforcement, Investigations and Compliance (see 2509290029), is joining law firm Husch Blackwell, she announced on LinkedIn Oct. 14.
U.S. Trade Representative Jamieson Greer, in a joint press conference with Treasury Secretary Scott Bessent, said the administration has already drafted some documents to hike tariffs on Chinese goods, and is drafting other documents that might impose more export controls for goods sold to Chinese firms.