A White House official said that active pharmaceutical ingredients imported into the U.S. for medicine manufacturing will be covered by the Section 232 tariffs on branded pharmaceuticals.
The sunset review of USMCA was designed to provide certainty to businesses, since even if one country says it doesn't think the trade pact should continue at the six-year mark, consultations continue for 10 years.
President Donald Trump is suspicious of continuing a free-trade agreement with Canada and Mexico, according to a person who was a top trade official during the president's first term.
House Select Committee on China ranking member Raja Krishnamoorthi, D-Ill., urged the Trump administration Oct. 8 to open new markets for U.S. soybean exports in Southeast Asia, South Asia, Africa and the Middle East.
Sen. Lindsey Graham, R-S.C., said late Oct. 7 that he hopes to have the Senate take up his Russia sanctions and tariff bill by month’s end to send a message to next month’s Group of Seven foreign ministers meeting in Canada.
Offering its thoughts as an amicus curiae to the Supreme Court’s International Emergency Economic Powers Act tariffs case, the nonprofit Consumer Watchdog said that if IEEPA does grant the executive the powers President Donald Trump claims, the law itself is unconstitutional under the nondelegation doctrine (Donald J. Trump v. V.O.S. Selections, U.S. 25-250) (Learning Resources v. Donald J. Trump, U.S. 24-1287).
CBP's analysis of substantial transformation is moving away from its essential character test toward a more holistic review of the final stage of assembly, according to Matthew Bock, managing partner at Bock Trade Law.
There is a directive from President Donald Trump to quickly land deals in steel, aluminum and energy, according to Canadian Trade Minister Dominic LeBlanc, who spoke to Canadian reporters in the late afternoon Oct. 7, after a White House visit accompanying Prime Minister Mark Carney.
Mexican media reported that President Claudia Sheinbaum said in her daily press conference that Mexico will try to get an exemption from the announced 25% tariff on medium- and heavy-duty trucks.
Sen. Bernie Moreno, R-Ohio, in trying to elaborate on the "significant tariff relief" he said was coming for domestic car production, said that the administration is considering how to "open the aperture" of how you use the 3.75% offset of tariffs available for autos assembled between April 3 and May 1, 2026.