CBP has defined two dates for when the agency expects to deploy ACE enhancements related to steel melt and pour country reporting and when CBP hopes to implement Phase 3 of the Section 232 trade remedy on aluminum smelt, according to CBP's ACE development schedule for November.
Maros Sefcovic of Slovakia, the EU’s candidate for trade and economic security commissioner, said this week he would “double down” on defending European industry against “increasingly widespread” unfair practices.
Automakers, chipmakers and broad business groups asked the Bureau of Industry and Security to give their industries more time to adjust to new requirements to move supply chains out of China and report on what companies are in their connected vehicle supply chains.
Former President Donald Trump, at a campaign rally over the weekend in Wisconsin, said he would impose a 100% tariff on goods from countries that "leave the dollar."
The Office of Foreign Assets Control issued two new general licenses Aug. 23 that authorize imports of Russian diamonds and diamond jewelry that were located outside the country when a current ban on imports of such goods took effect.
A union request that the government impose a fee on Chinese-made vessels docking at U.S. ports via a Section 301 action confronting subsidization in China's shipbuilding sector (see 2404170029) was mentioned favorably by Democrats and Republicans at a House Select Committee on China hearing that covered Chinese efforts in that sector, semiconductors and drones.
Almost 20 trade groups and a handful of companies disagreed on how to ensure supply chain resilience -- many arguing that liberalizing trade with allies is crucial to reduce the likelihood of shortages, or weaponization, but others asserted that friendshoring will undermine domestic production already under stress.
Automakers and their trade groups cautioned the Bureau of Industry and Security to tailor its restrictions narrowly -- and allow a phase-in -- if they want manufacturers to stop buying information technology components from China for cars with advanced features, including electric cars.
In its annual report on how foreign countries honor intellectual property protections, the Office of the U.S. Trade Representative said Argentina, China, India, Indonesia, Chile, Russia and Venezuela still belong on the list of the worst offenders. Ukraine, which had once been in that group, is not being evaluated because of its invasion by Russia.
The House Ways and Means Committee is set on April 17 to consider several just-introduced trade bills, including a retroactive extension of the Generalized System of Preferences benefits program, new restrictions on de minimis and restrictions on electric vehicle tax credits.