When the House Ways and Means Committee asked all House members for their opinions on what should belong in the tax cut bill the Republicans are shaping, Rep. Andy Barr, R-Ky., used the opportunity to talk about both taxes and trade.
Three Senate Democrats have introduced a bill to remove the president's ability to impose tariffs under the International Emergency Economic Powers Act, a companion bill to one introduced in the House, which also only had Democratic sponsors (see 2501160069).
CBP is pushing back by a week the target deployment date for the third release of the Section 321 enhancement in ACE, according to the agency's latest Notional Deployment and Development Schedule for ACE.
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 railed against the trade stance of the European Union, as he often has, as he talked about tariffs and trade deficits with reporters as he signed executive orders on the first day of his second term.
President Trump, after saying tariff decisions on China would wait until he had talks with that country's president, returned to his previous stance in favor of the tariffs. He made the comments at a White House press conference Jan. 21.
President Donald Trump told reporters that his administration is still thinking of imposing 25% tariffs on both Mexican and Canadian goods "because they're allowing vast numbers of people -- Canada's a very bad abuser also -- vast numbers of people to come in, and fentanyl to come in. I think we'll do it February 1st."
Two Democrats on the Senate Finance Committee asked Commerce Secretary nominee Howard Lutnick and U.S. Trade Representative nominee Jamieson Greer to "commit to putting in place a transparent and objective process that protects America’s small businesses and workers" if they decide to grant exclusions to new tariffs imposed by Donald Trump.
Rep. Jared Golden, D-Maine, has reintroduced a bill to impose a blanket 10% additional tariff on all imports, in line with President-elect Donald Trump's campaign promises.
The National Marine Fisheries Service (NMFS) said comparability findings are coming by Sept. 1, 2025, for "all harvesting nations that did not submit an application for a comparability finding" and all harvesting nations the NMFS has already preliminarily said will be denied a comparability finding. The announcement came as part of a settlement of a lawsuit from three wildlife advocacy groups against the NMFS's failure to ban fish or fish products exported from fisheries that don't meet U.S. bycatch standards under the Marine Mammal Protection Act (Natural Resources Defense Council v. Gina Raimondo, CIT # 24-00148).