As the second Trump administration's tariffs begin to bite, small businesses are more vulnerable to price increases and supply shocks than are large companies, the U.S. Chamber of Commerce warned the Trump administration at an event celebrating its Small Business Day on May 1.
The U.K. has finished gathering public input from industry about the Trump administration’s recent tariff measures (see 2504030057) and is working to “rapidly” analyze the responses “while keeping all options on the table,” the country’s Department for Business and Trade said May 2. It also said possible trade negotiations with the U.S. to remove the tariffs “continue at pace and remain our focus.” The U.K. earlier this year published a list of over 8,000 goods imported from the U.S. that possibly could be hit with retaliatory tariffs.
China is "evaluating" whether to begin trade talks with the U.S. after the Trump administration recently sent messages to Beijing in a bid to start negotiations about recent tariffs imposed by the two nations, China's Ministry of Commerce said May 2, according to an unofficial translation of a portion of a press conference. Senior U.S. officials "have repeatedly expressed their willingness to negotiate with China on tariffs," a ministry spokesperson said. "China is currently evaluating this."
New economic research shows that universal tariffs will not be an effective revenue source for the U.S. government, economists with the Peterson Institute for International Economics said during an event April 30.
The International Trade Commission published notices in the May 2 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 International Trade Commission is seeking public input on remedies for its Section 337 investigation on JBS Hair's imported synthetic braiding hair (ITC Inv. No. 337-TA-1415), the ITC said in a notice to be published May 5. The ITC initiated the investigation in September 2024 based on allegations that 30 companies are infringing its patented method of pre-stretching synthetic braiding hair in differing lengths to avoid the added time for braiders to pull tease the hair to make it look natural (see 2409060032).
The International Trade Commission has ended a Section 337 investigation on imported computing devices (ITC Inv. No. 337-TA-1389), it said in a May 2 Federal Register notice. Complainant X1 Discovery initially alleged in January 2024 that Asus, Acer and Dell desktop and laptop computers copy its technologies (see 2401250041).
The Commerce Department published notices in the Federal Register May 2 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 is beginning a new antidumping duty investigation on lattice boom crawler cranes from Japan, it said in a fact sheet released May 1. The underlying petition was filed in April (see 2504140065). The International Trade Commission is scheduled to make its preliminary injury determination by May 27. The investigation will continue only if the ITC finds injury. International Trade Today will provide more details upon publication of the initiation notices in the Federal Register.
The Commerce Department has released the final results of the antidumping and countervailing duty administrative reviews on light-walled rectangular pipe and tube from China (A-570-914/C-570-915). These final results will be used to set final assessments of AD/CVD on importers for subject merchandise entered Aug. 1, 2022, through July 31, 2023, for AD and in calendar year 2022 for CVD.