House Ways and Means Committee ranking member Rep. Richard Neal. D-Mass., Trade Subcommittee ranking member Rep. Linda Sánchez, D-Calif., and fellow committee member Rep. Terri Sewell, D-Ala., said on Sept. 30 that letting the African Growth and Opportunity Act expire is "a grave mistake."
The following lawsuits were filed at the Court of International Trade during the week of Sept. 22-28:
The U.S. opened a customs penalty suit last week against wire garment hanger importer LGA Trading and its director, Galo Goya, at the Court of International Trade, seeking over $3.1 million as a penalty for negligence and over $1.9 million in unpaid duties (United States v. LGA Trading, CIT # 25-00214).
CBP issued the following releases on commercial trade and related matters:
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website Sept. 26-29, along with the case number(s) and CBP message number, is provided below. The messages are available by searching for the listed CBP message number at CBP's ADCVD Search page.
CBP has begun a three-phase process to modernize how the agency handles manifests in ACE, according to September's ACE Development and Deployment Schedule.
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
The likelihood of the Supreme Court striking down President Donald Trump's tariffs issued under the International Emergency Economic Powers Act is a "coin flip," various attorneys said during a Sept. 30 webinar hosted by The Budget Lab, a policy research center at Yale University. Scott Lincicome, vice president of general economics at the Cato Institute, an amicus in the IEEPA tariffs cases, noted a "very clear split" among trade lawyers and constitutional lawyers as to where the Supreme Court will come out on this issue.
The chief negotiator for the European Union, Maros Sefcovic, said that while the EU has a reputation for having "very complicated rules and regulations," that doesn't compare to the burden on companies trying to quantify how much steel (and its cost at the time it was sourced) went into making a Bosch refrigerator, Miele dishwasher or a BMW motorcycle.
Section 232 tariffs on timber, lumber and their derivatives will take effect Oct. 14, under a proclamation issued by President Donald Trump. Tariffs will be set at 10% for timber and lumber, 25% for upholstered furniture and 25% on wooden cabinets and vanities.