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-elect Donald Trump will most likely either turn to the International Emergency Economic Powers Act (IEEPA) or Section 301 of the Trade Act of 1974 to impose his recently announced tariffs on Canada, Mexico and China, said trade lawyers interviewed by Trade Law Daily. Though much remains unknown about how Trump will impose these tariffs, the president-elect may turn to the two broad statutes to impose the tariffs to accomplish his stated goals of curbing the flow of migrants and fentanyl into the U.S.
Six Republican senators, including President-elect Donald Trump's nominee to be secretary of state, Marco Rubio of Florida, reintroduced a bill that would prohibit the Biden administration from requiring that goods made in the West Bank be labeled as such, rather than labeled "Made in Israel." The senators, led by Sen. Tom Cotton, R-Ark., are concerned that labeling items as from the West Bank would help the boycott, divestment and sanctions movement, which opposes the occupation of the West Bank, East Jerusalem, Golan Heights and Gaza. The BDS movement argues that those who support Palestinians' rights shouldn't buy goods from firms that either manufacture in those territories, such as Ahava, or allegedly support the Israeli army, like Sabra, oppress Arab citizens of Israel, like SodaStream, or provide technology for surveillance of Palestinians, like HP.
CBP has released its Nov. 20 Customs Bulletin (Nov. 58, No. 46), which includes the following ruling actions:
Although some trade attorneys have been worrying that a Trump administration will discourage a Republican Congress from bringing back Generalized System of Preferences program tariff breaks for developing countries, members of the House Ways and Means Committee did not endorse that point of view.
The Commerce Department is amending the published final results of an antidumping duty administrative review on welded carbon steel standard pipes and tubes (pipe and tube) from India (A-533-502), based on a Nov. 7 final judgment in a court case challenging those final results. Commerce calculated a revised AD rate for Garg Tube Limited and Garg Tube Export LLP (collectively, Garg Tube) in the review, which covered the period May 1, 2018, through April 30, 2019. The new rates are applicable Nov. 17, 2024.
Members of the House Ways and Means Committee majority, who will lead the extension or expansion of the first Trump term income tax cuts, are expressing some hesitancy about using tariffs as a pay-for.
The Commerce Department is beginning an anti-circumvention inquiry to determine whether all imports of circular welded carbon quality steel pipe from Oman made from Chinese hot-rolled steel are circumventing antidumping and countervailing duties on circular welded carbon quality steel pipe from China (A-570-910/C-570-911), it said Nov. 19.
Certain types of wheel studs will now be exempt from antidumping duties on alloy and certain carbon steel threaded rod from China (A-570-104) and countervailing duties on carbon and alloy steel threaded rod from China (C-570-105), the Commerce Department said in the final results of a changed circumstances review. The new exemption takes effect for unliquidated entries since the beginning of 2022.
CBP has updated guidance further defining who is responsible for ensuring the truthfulness of origin documents such as origin declarations, origin statements and certification of origin documents.