The Commerce Department published notices in the Federal Register July 15 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):
Although it's possible presidential candidate Donald Trump was just riffing when he proposed eliminating the federal income tax and replacing the revenue with tariffs, the White House Council of Economic Advisers is countering the idea with a white paper it issued July 12.
CBP created Harmonized System Update 2410 on July 11, containing 52 Automated Broker Interface (ABI) records and 15 Harmonized Tariff Schedule records. The update includes the "latest Section 232 Mexico Aluminum and Steel updates and adjustments required by the verification of the 2024 Harmonized Tariff Schedule (HTS)."
Canada's half-hearted attempts to comply with dairy tariff rate quotas and the refusal of the U.S. to comply with the auto rules of origin ruling are undermining the USMCA and could make its review more painful, panelists from Canada and Mexico said this week.
Republicans on the House Ways and Means Committee are asking the Biden administration to open a Section 301 investigation on the discriminatory effects of Canada's recently enacted digital services tax. The administration earlier conducted investigations on other countries planning DSTs, but did not impose tariffs, as talks on a global taxation solution proceed.
An apparel factory owner and a trade policy professional from the apparel industry said it's critical to renew Haitian trade preferences this year, even though they don't expire for 14 months.
Days after the House speaker said he wished to move a bill that would end de minimis eligibility for products subject to Section 301 tariffs (see 2407080049), the ranking member and other Republicans on the Senate Finance Committee said the idea has merit.
Tariff carve-outs for Mexican steel and aluminum in the Section 232 action will be curtailed, so that only steel that is melted and poured in North America can qualify, and so that aluminum that was smelted or cast in China, Russia, Belarus but worked again in Mexico will be taxed at higher rates.
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 administration has added seafood, PVC, which is used in vinyl flooring, and aluminum to its priority enforcement sectors under the Ugyhur Forced Labor Prevention Act, it announced in its strategy update this week. This is the first time priority sectors have been added since the law went into effect two years ago; the original priority sectors of apparel, cotton products, polysilicon and solar panels made from polysilicon, and tomatoes remain.