The following lawsuits were filed at the Court of International Trade during the week of Nov. 17-23:
A think tank says a surgical modernization of CAFTA-DR is the best approach for the future of the free trade agreement, though allowing Central American countries or the Dominican Republic to join USMCA is another option.
The following lawsuits were filed at the Court of International Trade during the week of Nov. 10-16:
Trade experts -- including the chief negotiator for the U.S.-South Korea free trade agreement -- were puzzled by language in a joint statement on the recent Korea tariff deal Nov. 15.
President Donald Trump may look to ramp up his use of sections 232 and 301 should the Supreme Court rule that the International Emergency Economic Powers Act can't be used for levying tariffs, various lawyers told us. However, the expanded use of these statutes, both as they are being used now and how they may be used to supplant the existing reciprocal and fentanyl trafficking tariffs, may encounter legal difficulties.
The U.S. is eliminating 15% tariffs on Ecuadoran bananas and cocoa, and 10% tariffs on Guatemalan coffee and Argentinian beef, as the three countries have reached framework agreements on reciprocal trade.
The following lawsuits were filed at the Court of International Trade during the weeks of Oct. 27 - Nov. 2 and Nov. 3-9:
As customs brokers and importers respond to sudden changes in U.S. trade compliance regulations, the trade will need to come up with new models that can allow companies to be nimble when those changes trickle down to the Harmonized Tariff Schedule, trade expert Cindy Allen said recently at the Automotive Industry Action Group's North American Customs and Trade Town Hall on Nov. 6 in Detroit.
Section 122 of the Trade Act of 1974 may be a more limited "fall-back option" for the Trump administration should the Supreme Court strike down all the tariffs President Donald Trump has imposed under the International Emergency Economic Powers Act, Dr. Mona Paulsen, law professor at the London School of Economic Law School, wrote in a blog post.
CBP issued the following releases on commercial trade and related matters: