White House National Economic Council Director Kevin Hassett told an Axios interviewer that the administration was taken aback by China's announcement of extraterritorial export controls on products made with rare earths processed in China.
Test participants involved in CBP's National Customs Automation Program test on periodic monthly statements must transmit the payment of supplemental duty bills from an underpayment of estimated duties, taxes and fees via the Automated Clearinghouse (ACH), according to a Federal Register notice.
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U.S. Trade Representative Jamieson Greer, in a joint press conference with Treasury Secretary Scott Bessent, said the administration has already drafted some documents to hike tariffs on Chinese goods, and is drafting other documents that might impose more export controls for goods sold to Chinese firms.
Pharmaceutical company AstraZeneca reached a deal with the Trump administration that will delay Section 232 tariffs for three years, the company announced in an Oct. 10 press statement.
RANCHO MIRAGE, Calif. -- Artificial intelligence can never fully replace customs brokers because customs work often involves situations that require understanding the context behind an issue in such a way that a machine cannot, trade experts said on a panel during the Western Cargo Conference's annual meeting in Palm Springs, California, last week.
President Donald Trump, on his way to Israel, softened his message on tariffs on Chinese goods. When asked if imposing those tariffs was still the plan, he said, "Right now it is. Let's see what happens. November 1st is an eternity."
U.S. Trade Representative Jamieson Greer, in a taped address to the Global Forum on Steel Excess Capacity held Oct. 10, said that his country "has taken effective actions" to address excess steel capacity, by imposing tariffs on direct and indirect steel imports from countries with overcapacity.
CBP created Harmonized System Update 2538 on Oct. 10, containing 32 Harmonized Tariff Records and 88 Automated Broker Interface records. The update includes Section 232 Timber/Lumber Tariff Updates and Adjustments for the African Growth and Opportunity Act (AGOA) and Haiti Hope trade preference programs.
CBP issued a CSMS message with guidance on Section 232 tariffs on timber, lumber and derivative products. The guidance largely repeats what was said in the annexes to President Donald Trump’s Sept. 29 proclamation imposing the tariffs (see 2509300017), with additional information on reporting exemptions from reciprocal tariffs and additional tariffs on Brazil and India.