President Donald Trump posted that if Russian President Vladimir Putin doesn't "make a 'deal,' and soon, I have no other choice but to put high levels of Taxes, Tariffs, and Sanctions on anything being sold by Russia to the United States, and various other participating countries."
When the House Ways and Means Committee asked all House members for their opinions on what should belong in the tax cut bill the Republicans are shaping, Rep. Andy Barr, R-Ky., used the opportunity to talk about both taxes and trade.
A Department of Homeland Security memo saying that members of DHS advisory committees have had their memberships revoked may apply to the Commercial Customs Operations Advisory Committee, though questions remain.
President Donald Trump has chosen Louis Sola to chair the Federal Maritime Commission, the White House announced. Sola, previously an FMC commissioner, replaces Daniel Maffei, who is now listed as an FMC commissioner on the FMC’s website. Maffei chaired the FMC as it worked to implement a range of rulemakings as part of the Ocean Shipping Reform Act of 2022, including new rules governing unreasonable carrier conduct (see 2407220019) and detention and demurrage billing requirements (see 2402230049).
Three Senate Democrats have introduced a bill to remove the president's ability to impose tariffs under the International Emergency Economic Powers Act, a companion bill to one introduced in the House, which also only had Democratic sponsors (see 2501160069).
A CBP official confirmed that the deployment of its $800 Section 321 validation in ACE went smoothly over the weekend. The agency had delayed the deployment in ACE twice because of "performance issues" (see 2501170074).
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.
President Donald Trump railed against the trade stance of the European Union, as he often has, as he talked about tariffs and trade deficits with reporters as he signed executive orders on the first day of his second term.
On his first day in office, the president directed the heads of agencies that deal with trade, tariff collection and trade remedies to:
President Trump, after saying tariff decisions on China would wait until he had talks with that country's president, returned to his previous stance in favor of the tariffs. He made the comments at a White House press conference Jan. 21.