President Donald Trump said at the White House that tariffs on imported autos, now at 2.5%, will go to 25%. He then signed an executive order, but that order was not yet posted online. The staffer who presented that order said the 25% tariff would be added to existing tariffs.
As the U.S., Mexico and Canada are poised to renegotiate the free trade agreement known as USMCA among the three countries, expect the U.S. to review the rules of origin and "tighten them" in favor of requiring a higher percentage of North American content, trade attorneys with Miller and Chevalier said on a March 25 webinar sponsored by public accounting firm Forvis Mazars.
The International Trade Commission published notices in the March 25 Federal Register on the following antidumping and countervailing duty (AD/CVD) 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 issued its final affirmative determinations in the antidumping duty and countervailing duty investigations on imports of ferrosilicon from Brazil, Kazakhstan and Malaysia, it said in a fact sheet issued March 24. Commerce set AD rates ranging from 0.78% to 21.78% for Brazilian exporters; 6.01% to 6.2% for Kazakh exporters; and 5.13% to 21.26% for Malaysian exporters, the agency said. It set CVD rates ranging from 4.44% to 61.73% for Brazilian exporters; 16.76% to 265.38% for Kazakh exporters; and 2.78% to 3.48% for Malaysian exporters. Publication in the Federal Register of the final determinations should occur in the coming days.
The Commerce Department soon will suspend liquidation and impose countervailing duty cash deposit requirements on imports of paper file folders from Cambodia, it said in a fact sheet issued March 25. Commerce set the CVD rate at 21.53% for Cambodian exporters, the agency said as it announced its preliminary determination in its ongoing CVD investigation. Suspension of liquidation and cash deposit requirements will take effect for entries on or after the date of publication of the preliminary determinations in the Federal Register, which should occur in the coming days. Commerce is conducting concurrent antidumping duty investigations on the same products from Cambodia and Sri Lanka, with preliminary determinations expected by May 21.
The Commerce Department soon will suspend liquidation and impose countervailing duty cash deposit requirements on imports of hard empty capsules from Brazil, China, India and Vietnam, it said in a fact sheet issued March 25. The CVD rates will range from 3.45% to 8.53% for Chinese exporters and will be set at 4.94% for Brazilian exporters, 2.15% for Vietnamese exporters and 9.95% for Indian exporters, the agency said as it announced its preliminary determinations in its ongoing CVD investigations. Suspension of liquidation and cash deposit requirements will take effect for entries on or after the date of publication of the preliminary determinations in the Federal Register, which should occur in the coming days. Commerce is conducting concurrent antidumping duty investigations on the same product from the same countries, with preliminary determinations expected by May 22.
On March 24, the FDA posted new and revised versions of the following Import Alerts on the detention without physical examination of:
At a hearing largely focused on the need to get other countries to lower their tariffs, sanitary and phytosanitary barriers, and discriminatory tariffs on services exports, Democrats on the House Ways and Means Trade Subcommittee focused on Trump's tariff hikes.
Despite the Trump administration's aversion to government, continuing to combat forced labor is in line with its goals of assisting U.S. manufacturing, experts argued during a March 25 event hosted by the Center for Strategic and International Studies.
CBP issued the following releases on commercial trade and related matters: