The chairman of the House Select Committee on China said Jan. 22 that the U.S. should take a harder line against China's aggressive policies on trade, investment and other matters.
President Donald Trump posted that if Russian President Vladimir Putin doesn't "make a 'deal,' and soon, I have no other choice but to put high levels of Taxes, Tariffs, and Sanctions on anything being sold by Russia to the United States, and various other participating countries."
CBP created Harmonized System Update 2502 on Jan. 21, containing 193 Automated Broker Interface (ABI) records and 30 Harmonized Tariff Schedule records. HSU 2502 includes HTS updates for the National Watermelon Promotion Board rate assessment, which will increase to 9 cents per hundredweight as of Jan. 22.
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."