Almost 20 trade groups and a handful of companies disagreed on how to ensure supply chain resilience -- many arguing that liberalizing trade with allies is crucial to reduce the likelihood of shortages, or weaponization, but others asserted that friendshoring will undermine domestic production already under stress.
House Ways and Means Committee Chairman Rep. Jason Smith, R-Mo., called on the Biden administration to either start a USMCA dispute or initiate a Section 301 investigation to punish Canada for passing a retroactive tax on digital services.
CBP created Harmonized System Update (HSU) 2406 on June 12, containing 7 Automated Broker Interface (ABI) records and 2 Harmonized Tariff Schedule records. The update includes an update to the Partner Government Agency (PGA) flag indicator (FD3) for FDA in support of the PGA message set, and it includes new Section 301 exclusions under subheading 9903.88.69 for articles of China that were extended from June 15, 2024, through May 31, 2025.
CBP unveiled a fact sheet on June 12 describing its activities and milestones that the agency reached in FY 2023. It said the U.S. processed over 1 billion de minimis shipments worth over $50 billion through postal, express, and non-express facilities. Within the de minimis program, CBP facilitated over 785 million transactions in Section 321 Data Pilot and Entry Type 86 Test, the fact sheet said.
Sen. James Lankford, R-Okla., told a think tank audience that the U.S. needs to negotiate and Congress needs to ratify new broad trade agreements, so that the U.S. can develop long-term sources of processed minerals needed for electrification.
The following lawsuits were filed at the Court of International Trade during the week of June 3-9:
CBP issued the following releases on commercial trade and related matters:
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.
Americans for Free Trade, a coalition of more than 100 trade groups, asked the Office of the U.S. Trade Representative to extend a public comment period to respond to proposed changes to the Section 301 tariffs and a new product exclusion process limited to industrial machinery. They said another 30 days would be in the public interest.
The Biden administration's proposed Section 301 tariff hikes on various Chinese goods (see 2405220072) would continue to skirt World Trade Organization commitments and strip the global economy of international tribunals, which are key to curbing "persistent protectionism," said George Washington Law School professor Steve Charnovitz in comments on the proposed tariffs.