Sen. Josh Hawley, R-Mo., one of the leading populist voices in the Senate, introduced a bill this week that would send checks of at least $600 to most adults who file tax returns, as a rebate for tariff costs.
President Donald Trump, in a gaggle with reporters on his plane as he returned from Scotland, said that he will impose tariffs to pressure Russia on Aug. 8, 10 days from now.
The following lawsuits were filed at the Court of International Trade during the weeks of July 14-20 and 21-27:
An entry of gold jewelry from Oman qualifies for duty-free treatment under the U.S.-Oman Free Trade Agreement Implementation Act, importer Empire Jewelry argued in a July 28 complaint to the Court of International Trade. The importer noted that CBP doesn't disagree as to the Harmonized Tariff Schedule subheading that applies to the case, subheading 7113.19.5090, but rather whether the jewelry originates in Oman under the terms of the FTA (Empire Jewelry v. United States, CIT # 24-00127).
CBP issued the following releases on commercial trade and related matters:
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website July 28, along with the case number(s) and CBP message number, is provided below. The messages are available by searching for the listed CBP message number at CBP's ADCVD Search page.
CBP has set Sept. 27 as the date when it will implement a nationwide rejection of missing or invalid shippers and consignees in Air Cargo Advanced Screening (ACAS), according to a July 29 cargo systems message.
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 European Union, in a fact sheet released July 29, said that tariffs on EU exports to the U.S. will change from 10% plus the most-favored nation tariff to 15%, except for goods that have an MFN rate higher than 15%, and for aircraft and aircraft parts, certain generic drugs and natural resources. In the case of those exceptions, the standard MFN rates apply.
Treasury Secretary Scott Bessent told reporters in Stockholm, Sweden, that the Chinese delegation spoke too early when they said the two sides agreed to another 90 days at current tariff levels, because the president is the one to decide. However, in a later interview with CNBC, Bessent said the meetings had been "highly satisfactory."