A former Trump administration trade official said he can't predict whether a global 10% or 20% tariff will be imposed early under a potential new Trump administration, or exactly how tariffs on Chinese goods might be hiked, but Akin partner Clete Willems said he's telling business people to take these ideas seriously, even if every proposed change doesn't come true.
CBP is setting new requirements for imports of ship-to-shore cranes pursuant to upcoming changes to Section 301 tariffs on the cranes recently announced by the Office of the U.S. Trade Representative, according to a Sept. 18 cargo systems message from the agency.
As the House Ways and Means Committee discusses moving toward a proposal closer to the Senate Finance Committee chairman's bill to restrict de minimis, the top Republican on the Finance Committee is not publicly opposing the core ideas of that bill -- removing apparel and footwear from eligibility from all countries, and not allowing goods subject to Section 301 tariffs to enter duty-free.
Sen. Rand Paul, R-Ky., introduced a bill that wouldn't allow tariffs to be hiked under Section 232, the International Emergency Economic Powers Act, Section 301 or any other customs and trade laws or trade agreements unless Congress passes that "new tax into law."
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The administration rebranded two pending rulemaking processes and revived one that was abandoned in 2021 to address the compliance risks of de minimis shipments as well as shrink the volume of direct-to-consumer imports.
The Biden administration will issue a notice of proposed rulemaking to forbid all goods subject to major trade actions, including Section 301 tariffs, from de minimis entry, the White House announced. It will also issue a notice of proposed rulemaking to require information submissions for de minimis packages, including the 10-digit HTS code and the person receiving the goods.
Tariffs on imports from China of electric vehicles, EV batteries, solar cells and wafers, face masks, needles and syringes, critical minerals and steel and aluminum will go up Sept. 27, with more Section 301 tariff hikes planned for Jan. 1, 2025, and Jan. 1, 2026.
Imports from China of electric vehicles, EV batteries, solar cells and wafers, face masks, needles and syringes, critical minerals and steel and aluminum will all be hiked Sept. 27, the Office of the U.S. Trade Representative announced Sept. 13, as part of a longer-term modification of Section 301 duties.
It's not clear whether removing all Chinese goods or apparel from de minimis would shrink the universe of duty-free imports the most, but the latter approach, combined with a restriction for Section 301 tariff targets, may be gaining support on the Hill.