The U.S. will tell CBP to resume liquidation of aluminum parts coming from Asiaway Automotive Components Mexico, a Chinese-headquartered firm that does die casting and machining of aluminum parts in San Luis Potosí. According to Asiaway's website, the factory just opened in June 2023.
The Office of the U.S. Trade Representative said it's extending the deadline for an international corporate income tax deal, and is extending its pause on retaliatory tariffs on countries that have passed or were considering passing digital services taxes against American firms.
The top Democrat on the House Ways and Means Trade Subcommittee said that getting Chinese shipments banned from the de minimis program is how he'd like to close out his congressional career. Rep. Earl Blumenauer, D-Ore., is retiring at the end of 2024. "I think we will see this moving forward, if only for the animus toward China" in Congress, he said.
National Association of Manufacturers CEO Jay Timmons said that all of his 250 members want liberalized trade, and said he didn't understand why a simple issue like the Miscellaneous Tariff Bill has been hung up in partisan conflict for three years.
The Office of the U.S. Trade Representative seeks a second round of comments in connection with its biennial review of the operation of the USMCA "with respect to trade in automotive goods" (see 2311210026), following a hearing the agency held on Feb. 7 (see 2402050066), it said in a notice. Post-hearing comments are due by Feb. 28. In the review, USTR and the Interagency Committee on Trade in Automotive Goods are considering how USMCA rules affect the competitiveness, employment and investment in North America's automotive sector. USTR is required to publish a report on the subject every two years.
A half-dozen Democrats asked the USDA to certify that Mexican avocado orchards exporting to the U.S. are not on illegally deforested land. Their letter, which they publicized on Super Bowl Sunday, peak avocado consumption time, said they read an article in The New York Times that showed avocado growing in Michoacan and Jalisco "has had a catastrophic impact on the environment and local communities.
U.S. Trade Representative Katherine Tai said that talking about tariffs more than other aspects of trade policy is, to a large degree, "a red herring," and said reducing U.S. trade policy "down to a conversation about tariffs is really unfair."
U.S. Trade Representative Katherine Tai, speaking at the University of Chicago, sidestepped a question about whether the administration would change the Section 301 tariffs, saying that although "there's a lot of drama and emotion around tariffs," the China tariffs are "the least interesting aspect of the management of our trade and economic relationship."
U.S. priorities during the World Trade Organization's upcoming 13th Ministerial Conference should center on extending the moratorium on e-commerce duties and advancing the second wave of talks on curbing harmful fisheries subsidies, witnesses said at a Feb. 7 hearing of the House Ways and Means Subcommittee on Trade.
Trade groups representing importers of motor vehicles are asking the Interagency Autos Committee to advocate for allowing used cars made during the NAFTA years to enter duty free if those vehicles qualified for NAFTA benefits, and to make it easier to prove that cars built since July 1, 2020, qualify for USMCA tariff benefits.