China is looking to shorten its export license application review times, and potentially issue exemptions, as it approaches the Dec. 1 effective date of its new rules to restrict overseas exports that contain certain levels of Chinese-origin material (see 2510090021), a Commerce Ministry spokesperson said Oct. 16 during a press conference.
The increase in U.S. tariffs enacted by the Trump administration is likely to persist "for several more administrations," according to former White House Trade Adviser Kelly Ann Shaw.
On Oct. 15, the FDA posted new and revised versions of the following Import Alerts (after not having posted new ones for a number of days) on the detention without physical examination of:
The Senate Appropriations Committee's subcommittee responsible for the Commerce, Justice, Science, and related agencies' spending bill will hear from the U.S. trade representative on Oct. 21. The subcommittee is led by Sen. Jerry Moran, R-Kan.
President Donald Trump posted on social media that he and Russian President Vladimir Putin had a long, "very productive" phone call on Oct. 16. In addition to talking about the ceasefire in Gaza and the first lady's efforts to get Ukrainian children held in Russia or Russia-occupied Ukraine back to their parents in free Ukraine, "we also spent a great deal of time talking about Trade between Russia and the United States when the War with Ukraine is over," he wrote.
President Donald Trump, in response to a question about whether he would engage in trade talks with India, said that Indian Prime Minister Narendra Modi "assured me today that they will not be buying oil from Russia. That's a big stop. Now I got to get China to do the same thing."
The U.S. will appeal a recent Court of International Trade decision vacating the Commerce Department's decision not to collect antidumping and countervailing duties on solar cells from Cambodia, Malaysia, Thailand and Vietnam (Auxin Solar v. United States, CIT # 23-00274).
President Donald Trump told reporters on Oct. 15 that he would like to attend the Nov. 5 oral argument at the Supreme Court regarding whether he can use the International Emergency Economic Powers Act to impose tariffs. After declaring that the tariffs he has imposed are essential for economic and national security matters, Trump said: "I'm going to go to the Supreme Court to watch it. I've not done that, and I've had some pretty big cases."
CBP issued the following releases on commercial trade and related matters:
U.S. Trade Representative Jamieson Greer faced some skepticism at a Republican lunch this week, but how much is unclear, since many Republicans were circumspect in describing the conversation. However much intra-party pushback there is toward the administration's tariff and trade policy, one senator told International Trade Today that it doesn't matter in the end.