China published its 2026 tariff plan this week, outlining new rates for hundreds of commodities while lowering duties on other items, the country's Ministry of Finance said Dec. 29, according to an unofficial translation.
The Office of the U.S. Trade Representative is modifying the allocations of in-quota quantity under the annual beef tariff-rate quota, by its authority under the Uruguay Round Agreements Act, according to a Federal Register notice.
The White House said it has made an agreement with Israel to offer permanent concessions on some agricultural products, the outlines of which were first established in 2004, but since there needs to be more time to make the permanent modifications, it is offering one more year of duty-free access.
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 Commercial Customs Operations Advisory Committee will hold a meeting on Wednesday, Jan. 14, 1 p.m. to 5 p.m. ET. The meeting will be open to the public via webinar only, CBP said in a Federal Register notice. Comments must be submitted by 5 p.m. ET on Jan. 9, and the meeting link will be available on this page by 5 p.m. ET on Jan. 13.
For a company to use laboratory reports submitted to CBP to protest the agency's finding on the material composition of an imported good, it must establish a prima facie case sufficient to overcome CBP’s presumption of correctness, CBP said in a Nov. 4 ruling that nonetheless granted an importer's protest based on CBP re-testing.
The USDA Foreign Agricultural Service released a list of updated quantity trigger levels and applicable periods for products that may be subject to additional import duties under the safeguard provisions of the World Trade Organization Agreement on Agriculture.
Although geopolitical and macroeconomic uncertainties abound heading into 2026, it's unlikely that port volumes at the Port of Los Angeles next year will be "falling off a cliff," the port's executive director, Gene Seroka, said during the port's monthly media briefing last week.
China will take “corresponding measures” if the U.S. “continues down the wrong path” by imposing Section 301 tariffs on semiconductors, Chinese Foreign Ministry spokesperson Lin Jian said during a regular press conference Dec. 24 in Beijing.
The U.S. and Indonesia "have agreed on the substance stipulated in the reciprocal trade negotiation document," Indonesia said in a Dec. 23 news release, according to an unofficial translation. It said technical meetings for legal scrubbing would be held in the second week of January, and the agreement should be signed by the third week of January.