A notice from the Office of the U.S. Trade Representative to be published in the Federal Register Dec. 29 says that goods from Nicaragua that don't qualify for the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR) should be entered beginning Jan. 1 under Harmonized Tariff Schedule heading 9903.89.01. That tariff number doesn't add any duty past the most-favored nation rate, but the goods also are subject to the reciprocal tariff of 18%, which is applied by HTS heading 9903.02.47.
Democrats said they are going to be bringing up the high cost of living over and over again, and tariffs are a big part of their argument that Republicans are not tackling the problem.
Cuts to reciprocal tariffs under a recent trade deal with Switzerland and Liechtenstein will take retroactive effect Nov. 14, according to a notice from the Commerce Department and U.S. Trade Representative.
Cuts to reciprocal tariffs under a recent trade deal with Switzerland and Liechtenstein will take retroactive effect Nov. 14, according to a notice from the Commerce Department and the Office of the U.S. Trade Representative.
Three House Democrats introduced a resolution last week to revoke the emergency declaration that added 25% tariffs to Indian goods. That 25% tariff is because Indian firms have been buying Russian oil, and is on top of most-favored nation duties and 25% reciprocal tariffs.
U.S. Trade Representative Jamieson Greer said he expects the U.S. will announce more trade deals, and release text about previously announced framework deals "in the coming weeks."
CBP has been tightening its enforcement on reporting of steel and aluminum content for Section 232 duty purposes, based on criteria that have yet to be made public in formal guidance, according to customs brokers and trade attorneys interviewed by International Trade Today.
CBP has corrected a single reference in the Harmonized Tariff Schedule reporting instructions for reciprocal tariffs applicable to products from South Korea, which originally were published Dec. 3 via a cargo systems message (see 2512030042). The HTS number to be reported in for goods with an MFN or Korea free trade agreement rate of less than 15% should be 9903.02.80, CBP said.
The Office of the U.S. Trade Representative said it will impose a 10% Section 301 tariff on Nicaraguan imports beginning Jan. 1, 2027, but the tariffs won't apply to goods that qualify for the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR). That tariff would be in addition to the 18% reciprocal tariff and most-favored nation rates, USTR said Dec. 10. The announcement says the Section 301 tariffs, which are intended to address human and labor rights abuses and the "dismantling of the rule of law," would increase to 15% on Jan. 1, 2028. "Further, should Nicaragua show a lack of progress in addressing these issues, this timeline and these rates may be modified," USTR said.
U.S. Trade Representative Jamieson Greer signaled that the Trump administration is preparing a broad overhaul of key parts of the USMCA, focusing on changing non-automobile rules of origin to incentivize U.S. production.