Improving trade for U.S. cars in Europe is "clearly the priority" for American trade negotiators, according to European Union Trade Commissioner Maros Sefcovic, who had a four-hour meeting Feb. 19 with U.S. Commerce Secretary Howard Lutnick, U.S. trade representative nominee Jamieson Greer and Kevin Hassett, director of the National Economic Council.
Howard Lutnick is now the commerce secretary, after the Senate voted 51-45 to confirm him the evening of Feb. 18. All the Republicans present at the time of the vote endorsed Lutnick.
Democrats from the Pacific Northwest, California, Illinois, New York and Colorado say wineries are already being harmed as province-run liquor stores in Canada ban American wines from their shelves due to the 25% tariff threat over migration, now in abeyance.
President Donald Trump said that he will "probably" say more about the scope of tariffs on cars "on April 2, but it'll be in the neighborhood of 25%," in response to a question at a press conference Feb. 18.
The Committee to Support U.S. Trade Laws asked leaders at DHS, the Commerce Department, the International Trade Commission and the Office of the U.S. Trade Representative to protect recent hires who have been targeted for dismissal by the Department of Government Efficiency, or DOGE.
The Committee to Support U.S. Trade Laws asked leaders at DHS, the Commerce Department, the International Trade Commission and the Office of the U.S. Trade Representative to protect recent hires who have been targeted for dismissal by the Department of Government Efficiency, or DOGE.
The European Commission knocked down reporting that it is ready to drop its 10% tariffs on autos, and defended the pattern of trade between the EU and the U.S. in a FAQ document on the concept of reciprocal tariffs.
Correction: Steel and steel derivatives from Turkey will for the time being only face 25% Section 232 tariffs, unchanged from before President Donald Trump’s Feb. 11 proclamation upping tariffs for some countries and a new list of derivative products (see 2502140025 and 2502140066).
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President Donald Trump's plan to remove the de minimis exemption from goods made in China and Hong Kong may just be the start of a bigger push to remove that exemption from other countries, according to trade experts speaking during a Feb. 13 webinar sponsored by ShipHero, a warehouse management system provider for e-commerce and third-party logistics firms.