A career staffer in the Office of the U.S. Trade Representative whose portfolio includes the auto industry told an audience of auto industry supply chain professionals that it's likely the U.S. will be talking with Mexico about the increased foreign direct investment from Chinese companies manufacturing auto parts or, potentially, assembling vehicles, in Mexico.
A bipartisan bill led by a House Ways and Means Committee member would allow warehouses and brands located in foreign trade zones to send goods that were imported into the zones to consumers and have those packages qualify for de minimis treatment.
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.
The Canada Border Services Agency will delay its next deployment of its Customs Assessment and Revenue Management system until October, the agency said last week. CBSA had been scheduled to launch the automated duty collection system on May 13, but will now only do so internally, pushing back the release of the trade-facing aspects of CARM.
Former top officials in the Office of the U.S. Trade Representative during the Trump and Biden administrations said there will be no return to a pre-Trumpian, pro-free trade philosophy, whether Joe Biden wins re-election this fall or Donald Trump returns to the White House in 2025.
The Commerce Department published notices in the Federal Register April 19 on the following AD/CV duty proceedings (any notices that announce changes to AD/CV duty rates, scope, affected firms or effective dates will be detailed in another ITT article):
China announced that it is "firmly opposed" to both the U.S. decision to open a new Section 301 investigation on allegedly unfair practices in China's maritime, logistics and shipbuilding sectors (see 2404170029) and President Joe Biden's call for a "tripling" of the existing Section 301 tariffs on Chinese steel and aluminum (see 2404170040).
The Commerce Department on April 18 released its quarterly update to its annual list of foreign government subsidies on imported articles of cheese subject to an in-quota rate of duty July 1, 2023, through Sept. 30, 2023. The agency again found that only Canada is providing subsidies, in the form of export assistance.
Although all members of the House Ways and Means Committee supported a bill renewing the Generalized System of Preferences benefits program, the bill proceeded to the House floor on a split bipartisan vote of 17-24 as Democrats unsuccessfully called to include an extension of the Trade Adjustment Assistance for Workers program, which lapsed in 2022.
After October's deadline passed without an agreement between the U.S. and the EU on a global trade deal for steel and aluminum (see 2404040034), talks are still ongoing, the European Commission’s top trade official said during a news conference April 18.