Rep. Rick Larsen, D-Wash., one of the shrinking number of members of Congress who advocates for engaging with China rather than punishing it, recently published a white paper of his views on how to manage competition with China, how to use both offensive and defensive measures to compete with China, how to improve U.S. governance and competitiveness, and how to identify areas of cooperation.
The titanium sponge working group, convened after a Section 232 report on the product, as an alternative to imposing tariffs or tariff rate quotas, says that eliminating the 15% tariff on titanium sponge could benefit domestic titanium producers.
China's exports of cars have jumped sharply as its domestic car demand has flattened, experts said, but the impacts for U.S. auto production may not repeat what happened to other manufacturing sectors undercut by cheap Chinese imports.
The following lawsuits were filed at the Court of International Trade during the week of July 24-30:
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.
A group of retail trade groups, led by the American Apparel and Footwear Association, said that the Office of the U.S. Trade Representative failed to adequately respond to comments when imposing its lists 3 and 4A Section 301 tariffs on China. Submitting an amicus brief at the U.S. Court of Appeals for the Federal Circuit in the massive case against the duties, the retail representatives argued that USTR illegally relied on the president's discretion as a response to the comments, violating the Administrative Procedure Act (HMTX Industries, et al. v. U.S., Fed. Cir. # 23-1891).
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 government correctly classified counterweights for mini-excavators as "backhoe" parts, rendering them ineligible for a Section 301 tariff exclusion, CIT Judge Jane Restani ruled in a July 21 opinion.
The New Democrat Coalition announced the release July 19 of a new economic plan that includes a "comprehensive, fair, and transparent exclusion process for existing Section 301 tariffs." The caucus' Economic Opportunity Agenda says the exclusion process will "cut costs for Americans and ease global supply chain constraints."
The House Select Committee on China, having heard from witnesses advocating a punitive approach to Chinese trade and investment (see 2305180064), asked to hear from advocates for both that approach and a more moderate one in a debate on Capitol Hill.