The Coalition for a Prosperous America, a Trump-aligned advocacy group on trade, slammed what it called an 11th-hour rule (see 2501130006) to create an enhanced entry process, which would replace the Type 86 test.
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.
The Office of the U.S. Trade Representative released a trade strategy to combat forced labor, which includes policy successes during the Biden administration and "areas for potential future action" for the next administration, it announced in a Jan. 13 news release.
Officials advising Donald Trump on his upcoming administration have been considering tariffs that would gradually increase by 2% to 5% a month, according to a Bloomberg News article based on unnamed sources. The proposal could boost negotiating leverage and avoid a spike in prices, the planners believe. The article said the proposal is in its early phases and hasn't been presented to the president-elect.
President-elect Donald Trump announced plans Jan. 14 to establish an "External Revenue Service" that would collect monies from tariffs, duties and all revenue coming from foreign sources, in a Truth Social post.
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The National Chamber of the Textile Industry of Mexico and the U.S.-based National Council of Textile Organizations sent a Jan. 13 joint letter to Mexican President Claudia Sheinbaum expressing their gratitude to the Mexican government's recent tariff changes for apparel goods.
CBP should put in place an "informed compliance" policy for holds on previously filed in-bond shipments that prohibit their subsequent export, given the lack of automated notifications of those holds to the filer, according to comments that the National Customs Brokers & Forwarders Association of America submitted to CBP last week.
U.S. imports got a boost in December and are likely to be elevated in January compared with year-ago levels, according to the National Retail Federation, as retailers brought in spring merchandise early to hedge against the potential of a labor strike at East Coast and Gulf Coast terminals -- a strike threat that was averted this week (see 2501090003).
The Coalition for a Prosperous America, an advocacy group aligned with President-elect Donald Trump's trade and manufacturing policies, is calling on his administration to reinstate Section 232 tariffs on Mexican steel. "If Mexico continues to breach its commitments, CPA urges the Trump administration to reconsider Mexico’s participation in USMCA altogether," the group wrote in a release issued Jan. 10.