As Donald Trump returns to the White House in January, a short-term spike in import volumes at U.S. ports is inevitable, given the president-elect's strident stance on tariffs, some logistics experts say.
President-elect Donald Trump's love of tariffs was the through line of his campaigns and his first administration, but a consultant and a think tank scholar say that how exactly he will hike duties next year -- on what products, from which countries and how high -- are unknowable.
Maros Sefcovic of Slovakia, the EU’s candidate for trade and economic security commissioner, said this week he would “double down” on defending European industry against “increasingly widespread” unfair practices.
The Court of International Trade rejected importer Retractable Technologies' bids for a temporary restraining order and preliminary injunction stopping the collection of Section 301 duties on its needles and syringes. However, in a decision made public Nov. 4, Judge Claire Kelly did stop liquidation of Retractable's entries during the course of the company's suit, which challenges the legality of a Section 301 rate hike on needles and syringes.
Rep. Elise Stefanik, R-N.Y., asked the Federal Trade Commission to enforce its truth in advertising laws so that Chinese-made American flags aren't advertised as “Made in the USA” when they are listed for sale on e-commerce platforms.
Donald Trump, at a campaign rally in North Carolina, said that he'll tell the Mexican president that, if her administration doesn't "stop this onslaught of criminals and drugs coming into our country," he will "immediately impose a 25% tariff on everything they send in to the United States of America."
CBP has released its Oct. 30 Customs Bulletin (Vol. 58, No. 43), which includes the following ruling actions:
Although the EU ambassador emphasized all the ways that the EU and the U.S. coordinate on trade, a panelist discussing the future of the U.S.-EU trade relationship demonstrated the ways the two economic powers talk past each other at times.
Watches that have case backs set with watch glass made of nonprecious materials -- such as synthetic sapphire -- are not considered to have cases made "wholly" of precious metal and are classified differently than watches that do, the Court of International Trade ruled Nov. 1. The holding came as a watch importer’s motion for judgment in a 2018 case wound up being denied, and the government’s was granted, by CIT Judge Jane Restani.
The Transportation Department doesn't have "vested authority" to determine whether to admit entries of goods based on whether they comport with federal safety standards, the Court of International Trade held on Oct. 30. Judge Lisa Wang said that, as a result, CBP has the relevant admissibility authority and the trade court can hear the case.