The Office of the U.S. Trade Representative announced Nov. 26 that it will extend the 178 currently existing exclusions from Section 301 tariffs on China until Nov. 10, 2026, as expected (see 2511030005). The exclusions had been set to expire Nov. 29, but the Trump administration agreed to extend them as part of a deal that also cut tariffs on China by 10% and halted ship-docking fees in return for China pausing export controls on rare earths, lowering retaliatory tariffs and stopping its own retaliatory ship fees.
Former trade negotiators said the removal of reciprocal tariffs on agricultural goods not grown at scale in the U.S. is a harbinger of things to come, as the administration starts to recognize that tariffs are politically unpopular.
The Coalition for a Prosperous America reacted with alarm to Commerce Secretary Howard Lutnick's offer that the U.S. could soften its tariffs on European steel and aluminum if the EU changes its approach to regulating American tech giants.
Commerce Secretary Howard Lutnick, speaking after a 90-minute meeting with EU and member country counterparts, explicitly linked changes in digital regulation in the EU to relief on 50% tariffs on steel, aluminum and their derivatives, where the value of the metal is taxed.
Sen. Raphael Warnock, D-Ga., continues to emphasize the importance of a long-term preference program for both sub-Saharan Africa and Haiti, but, in responses to questions for the record, deputy U.S. trade representative nominee Jeffrey Goettman said the Office of the U.S. Trade Representative supports a one-year renewal for both.
India's Commerce Secretary Rajesh Agrawal, the lead negotiator on the trade deal with the U.S., told reporters in New Delhi on Nov. 17, "We should get a closure soon."
United Autoworkers labor union members from John Deere and Caterpillar visited the Commerce Department last week, asking the agency to launch a Section 232 investigation on imports of heavy machinery and equipment.
Trade experts -- including the chief negotiator for the U.S.-South Korea free trade agreement -- were puzzled by language in a joint statement on the recent Korea tariff deal Nov. 15.
The Trump administration is hindering its stated objectives by holding the USMCA trade agreement hostage and trying to reshape the agreement during the review process, according to experts speaking at a Washington International Trade Association event.
President Donald Trump may look to ramp up his use of sections 232 and 301 should the Supreme Court rule that the International Emergency Economic Powers Act can't be used for levying tariffs, various lawyers told us. However, the expanded use of these statutes, both as they are being used now and how they may be used to supplant the existing reciprocal and fentanyl trafficking tariffs, may encounter legal difficulties.