President Donald Trump threatened to impose new tariffs on goods from the EU after the bloc fined Google more than $3 billion this week for violating antitrust laws. "We cannot let this happen to brilliant and unprecedented American Ingenuity and, if it does, I will be forced to start a Section 301 proceeding to nullify the unfair penalties being charged to these Taxpaying American Companies," Trump wrote Sept. 5 on Truth Social.
President Donald Trump, before a dinner with tech company CEOs Sept. 4, took a few questions from reporters, including one on planned tariffs on semiconductors and, possibly, goods made with chips.
Plaintiffs in the primary case on the legality of tariffs imposed under the International Emergency Economic Powers Act told the Supreme Court on Sept. 5 that they consent to the high court's review of the case. Responding to the government's petition for writ of certiorari filed after the U.S. Court of Appeals for the Federal Circuit ruled against many of the tariffs, the plaintiffs, consisting of five importers, said Supreme Court review is "essential," and the court's "final word is needed urgently" in light of the harm wrought by the tariffs (Donald J. Trump v. V.O.S. Selections, U.S. 25-250).
More products could fall under Section 232 tariffs on steel and aluminum as the federal government continues to take in requests for new products to be covered, according to trade attorney Michael Roll, who was speaking on a Sept. 3 webinar sponsored by A.N. Deringer.
Japanese goods with most favored nation (MFN) duties of 15% or lower will be subject to a 15% reciprocal tariff, all inclusive, retroactive to 12:01 ET Aug. 7, the White House said in an executive order. The order applies the same 15% rule for goods subject to Section 232 tariffs on autos and auto parts upon publication of a Federal Register notice modifying the Harmonized Tariff Schedule. That notice will come within seven days of the executive order being published.
It's unlikely -- but not impossible -- that an importer will be able to obtain a refund on paying fentanyl tariffs levied under the International Emergency Economic Powers Act when the importer hadn't claimed USMCA at entry beforehand, according to trade attorney Michael Roll, who was speaking on a Sept. 3 webinar sponsored by A.N. Deringer.
Rep. Greg Steube, R-Fla., a member of the House Ways and Means Subcommittee on Trade, told International Trade Today that Subcommittee Chairman Adrian Smith, R-Neb., is looking to pass a renewal of the African Growth and Opportunity Act "now that we got the big, beautiful bill through," adding that Smith has wanted to do this "for a while."
President Donald Trump issued an executive order Sept. 5 adding and removing goods from the “Annex II” list of goods exempt from reciprocal tariffs. The changes take effect at 12:01 a.m. ET Sept. 8.
Trade attorneys helping importers comply with duty collection regulations are seeing Customs officials increase their scrutiny of entry filings via a higher rate of CF-28 forms being sent to companies, according to comments made during various webinars this week.
The Commerce Department’s spring 2025 regulatory agenda for the Bureau of Industry and Security includes new mentions of three interim final rules that could lead to new import restrictions under the agency's Information and Communications Technology and Services regulations.