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.
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.
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.
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The Commerce Department’s Bureau of Industry and Security posted 95 requests for inclusions of new tariff subheadings under 50% Section 232 tariffs on steel and aluminum derivatives. Comments on the inclusion requests are due in 14 days, on Oct. 21, and the postings also kick off a 60-day period for BIS to consider the requests.
The Bureau of Industry and Security posted more requests for new products to be included as derivatives subject to Section 232 tariffs on steel and aluminum products. The release of the requests starts a two-week comment period for the potential inclusions, with comments on each due Oct. 21.