Because China makes 90% of anode and cathode materials, and dominates processing of critical minerals, no matter where they are mined, recent hikes in tariffs on Chinese minerals will do little, trade experts agreed.
Decoupling between the U.S. and China in the most technologically advanced products is real, economists said at an Oct. 21 Peterson Institute for International Economics event, but trade overall between the two countries continues to grow, if more slowly than trade with other partners.
Officials from Squire Patton Boggs said that if Donald Trump returns to the presidency, a 10% tariff or higher on a vast swath of imports could come very quickly, but what wouldn't be subject to the tariffs is not yet clear.
The Commerce Department intends to add an exemption from antidumping and countervailing duties for certain types of wheel studs, the agency said in the initiation and preliminary results of a changed circumstances review of the AD order on alloy and certain carbon steel threaded rod from China (A-570-104) and the CVD order on carbon and alloy steel threaded rod from China (C-570-105).
Less than a month from the election, Cleveland-Cliffs CEO Lourenco Goncalves invited U.S. Trade Representative Katherine Tai, Rep. Chrissy Houlahan, D-Pa., and Acting Labor Secretary Julie Su to speak at his company's Coatesville, Pennsylvania, mill about how recent policy has supported steelworkers.
The Seafood Import Monitoring Program covers nearly half of seafood imports, but the majority of SIMP filings later audited were not compliant, frequently because the harvest weight was wrong, or there was an incomplete chain of custody.
Bangladesh is the country of origin for blue surgical towels imported by Global Resources International (GRI), CBP said in a notice. GRI had asked CBP to make a final determination on the surgical towels' country of origin on April 12 for the purposes of U.S. government procurement. The towels are made from 100% cotton huckaback weave fabric from Bangladesh, where the fabric is also woven and dyed blue. It's then shipped to Vietnam in rolls, where it's cut to size, sewn, autoclaved, packaged and shipped to the U.S. Because of these factors, the country of origin is Bangladesh, CBP said, outlining its reasoning in the attached ruling HQ H339826). The surgical towels are classified under subheading 6307.90.89 of the Harmonized Tariff Schedule of the U.S.
The Commerce Department has published the preliminary results of its antidumping duty administrative review on certain steel racks and parts thereof (steel racks) from China (A-570-088). In the final results of this review, Commerce will set assessment rates for subject merchandise from the three companies remaining of the original nine under review entered Sept. 1, 2022, through Aug. 31, 2023.
The Court of International Trade on Oct. 8 sustained the Commerce Department's scope ruling including importer Printing Textiles' "Canvas Banner Matisse" imports within the scope of the antidumping duty order on artist canvas from China. Judge Timothy Stanceu said Commerce's interpretation of one sentence of the order's scope that is ambiguous "was not per se unreasonable."
CBP's Norfolk office has seized over $450,000 in dental supplies lacking country of origin markings, the agency announced Oct. 7. CBP officers seized the most recent shipment Sept. 17. It consisted of nearly 2 million prophy angle cups, and over 1.6 million dental tray covers, assessed at $419,211. Another shipment consisted of nearly 1.8 million dental bibs valued at $35,980 and was seized Aug. 26. Both shipments were headed to the same Baltimore address. “Consumers have the right, under U.S. law, to know where the products they are purchasing are sourced,” said Mark Laria, CBP’s area port director for Norfolk-Newport News, Virginia.