Scott Bessent, President-elect Donald Trump's nominee for treasury secretary, told the Senate Finance Committee that they should think about how tariffs will be deployed by thinking of three categories.
Foreign workers from Bangladesh are preparing to sue Sony and Panasonic in U.S. court over forced labor conditions at their former employer in Malaysia, Kawaguchi Manufacturing, a plastics supplier for the two companies.
Michigan Gov. Gretchen Whitmer, in a Jan. 15 speech at the Detroit Auto Show, criticized President-elect Donald Trump's proposal to impose 25% tariffs on Canadian exports as one that would damage Michigan's auto sector, which employs, or leads to indirect employment of, more than a million people in the state -- a fifth of the workforce.
The International Trade Commission published notices in the Jan. 15 Federal Register on the following 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 seeks comments by Jan. 24 on a Section 337 complaint alleging that imports of photovoltaic trunk bus cable assemblies infringe patents held by Shoals Technologies Group, it said in a notice to be published Jan. 16. According to the complaint, Shoals is seeking a limited exclusion order and cease and desist orders against U.S. company Voltage and Chinese company Ningbo Voltage Smart Production banning the import and sale of "certain photovoltaic trunk bus cable assemblies and components thereof, including at least the Voltage LYNX Trunk Bus" that infringe one or more claims of the patented technology. The complainant describes the product at issue as "improved lead assemblies or solar wire harness systems for connecting components in solar energy systems and solar panel arrays."
The Commerce Department published notices in the Federal Register Jan. 15 on the following AD/CV duty proceedings (any notices that announce changes to AD/CV duty rates, scope, affected firms or effective dates will be detailed in another ITT article):
The Commerce Department published the final results of the antidumping duty administrative review on certain cold-rolled steel flat products from South Korea (A-580-881). These final results will be used to set final assessments of AD duties on importers for subject merchandise entered Sept. 1, 2022, through Aug. 31, 2023.
The Commerce Department is setting new antidumping duty cash deposit requirements for imports of vanillin from China (A-570-172), after finding sales at less than fair value by Chinese producers in the preliminary determination of its AD investigation. Suspension of liquidation and cash deposit requirements take effect for entries on or after Jan. 16.
On Jan. 14, the FDA posted new and revised versions of the following Import Alerts on the detention without physical examination of:
The FDA is proposing a tobacco product standard as part of a greater effort to reduce nicotine addiction.