Democrats in the Senate are arguing that it's time to pass a bipartisan bill that would authorize up to 500% tariffs on goods from countries that buy Russian oil and gas and aren't providing aid to Ukraine to defend itself.
Japanese goods with most favored nation (MFN) duties of 15% or lower will be subject to a 15% reciprocal tariff, all inclusive, retroactive to 12:01 ET Aug. 7, the White House said in an executive order. The order applies the same 15% rule for goods subject to Section 232 tariffs on autos and auto parts upon publication of a Federal Register notice modifying the Harmonized Tariff Schedule. That notice will come within seven days of the executive order being published.
The International Trade Commission published notices in the Sept. 3 Federal Register on the following antidumping and countervailing duty injury, Section 337 patent or other trade proceedings (any notices that warrant a more detailed summary will be in another ITT article):
The Commerce Department published notices in the Federal Register Sept. 3 on the following antidumping and countervailing duty (AD/CVD) proceedings (any notices that announce changes to AD/CVD rates, scope, affected firms or effective dates will be detailed in another ITT article):
The Commerce Department has released the preliminary results of the antidumping duty administrative review on stilbenic optical brightening agents from Taiwan (A-583-848). Commerce preliminarily calculated an AD rate of 5.84% for Teh Fong Min International Co., Ltd., also known as Teh Fong Ming International Co., Ltd. (TFM), the only company under review. Any changes to TFM's cash deposit rate would take effect on the publication date of the final results of this review. Once Commerce issues its final results, the agency will assess AD at importer-specific rates for entries of subject merchandise from TFM entered between May 1, 2023, and April 30, 2024, it said.
The Commerce Department has released the preliminary results of its antidumping duty administrative review on certain pasta from Italy (A-475-818). Rates calculated in this review will be used to set assessment rates for importers of subject merchandise from 13 producers and exporters that was entered July 1, 2023, through June 30, 2024.
The Commerce Department has released the final results of the antidumping duty administrative review on steel concrete reinforcing bar from Mexico (A-201-844). These final results will be used to set final assessments of AD duties on importers for subject merchandise entered Nov. 1, 2022, through Oct. 31, 2023.
On Sept. 2, the FDA posted new and revised versions of the following Import Alerts on the detention without physical examination of:
The FDA is amending its food additive regulations to allow for the safe use of vitamin D3 as a nutrient supplement in yogurt and other cultured dairy products fermented with Lactobacillus delbrueckii, subspecies bulgaricus (L. delbrueckik), subsp. bulgaricus), and Streptococcus thermophilus (S. thermophilus) at a level higher than is currently permitted, it said in a Federal Register notice.
Sen. Chuck Grassley, R-Iowa, said agricultural interests need to lobby the Trump administration about tariffs on imported fertilizers, given how high input costs have risen as prices for row crops have fallen.