Flexport employees advised attendees on a webinar this week to prepare for a scaling back of de minimis, in case the rulemaking that removes goods subject to Section 301 tariffs moves forward.
The U.S. warned World Trade Organization members this week against adjudicating national security matters, saying in a communication that they should instead bring a "non-violation claim" that would allow for the rebalancing of trade concessions and avoid "dragging" members into debates over political issues.
The U.S. requested a panel under the rapid response mechanism in the USMCA for the third time to investigate a Canadian mining facility located in Mexico. The Office of the U.S. Trade Representative said that the U.S. and Mexico were unable to come to an agreement and so "the United States therefore has determined that it is appropriate to request a panel to verify the facility’s compliance with Mexican labor laws."
Tariffs promised by President-elect Donald Trump would result in increased prices for U.S. consumers, experts warned in an analysis of current trade flows and tariff rates.
Congress will pass a spending bill before leaving next week, and while everyone wants to attach their legislation to it, the prospect for Haitian trade preferences to get a ride seems relatively strong.
A discussion draft modifying a carbon border tax bill narrows the product list, removing fossil fuels, chemicals and other goods that were original targets of the Senate bill, which was introduced a year ago (see 2311030006).
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 Office of the U.S. Trade Representative is hiking tariffs on Chinese solar wafers and polysilicon to 50% and Chinese tungsten products covered by Harmonized Tariff Schedule subheadings 8101.94.00, 8101.99.10 and 8101.99.80 will face 25% tariffs, beginning Jan. 1.
The Treasury Department’s recent delegation of its customs revenue functions to DHS “will make the regulatory process much more efficient and ensure everyone has adequate input,” acting CBP Commissioner Troy Miller said in opening remarks at the Commercial Customs Operations Advisory Committee meeting Dec. 11.
Continuing Treasury Department holdups in vetting new members of the Commercial Customs Operations Advisory Committee, combined with a few absences, meant that the advisory body didn’t have a quorum to vote on recommendations or other motions at its Dec. 11 meeting.