Two Democrats on the Senate Finance Committee asked Commerce Secretary nominee Howard Lutnick and U.S. Trade Representative nominee Jamieson Greer to "commit to putting in place a transparent and objective process that protects America’s small businesses and workers" if they decide to grant exclusions to new tariffs imposed by Donald Trump.
The Office of the U.S. Trade Representative concluded that China's intervention in its shipbuilding and logistics sectors -- and its plans for dominance in shipbuilding -- unreasonably burden and restrict U.S. commerce.
No goods subject to special trade remedies would be able to enter de minimis -- which primarily affects goods subject to Section 301 tariffs -- under a proposed rule released by CBP Jan. 17.
No goods subject to special trade remedies -- 99.9% of which are subject to Section 301 tariffs -- would be able to enter as de minimis shipments under a proposed rule released by CBP Jan. 17.
Reps. Suzan DelBene, D-Wash., and Don Beyer, D-Va., reintroduced a bill that would remove the possibility of a president using the International Economic Emergency Powers Act to impose quotas or tariffs. Most lawyers think Trump would use IEEPA for a global tariff. The statute is currently used to impose sanctions on parties in Iran, Belarus, Burma, Ethiopia and dozens of other countries.
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.
The following lawsuits were filed at the Court of International Trade during the weeks of Dec. 30 - Jan. 5 and Jan. 6-12:
Kevin Brady, who led the House Ways and Means Committee when Congress passed the Trump tax cut package, told reporters that Washington insiders expect "the [next Trump] administration will reinstate [Section] 301 investigations" that were begun when countries moved to collect digital services taxes from U.S. tech firms.
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.
CBP issued the following releases on commercial trade and related matters: