Certain advanced chips, whose parameters are described in the annex to a presidential proclamation, will be subject to 25% tariffs starting Jan. 15, but a broad array of domestic uses are carved out of the Section 232 action.
President Donald Trump repeated his support for Iranian protesters to an audience in Detroit, saying, "You saw that I put tariffs on anybody doing business with Iran. Just went into effect today."
A Danish member of the European Parliament from an eco-socialist party called the Red-Green Alliance is pushing for the parliament to halt consideration of a legislative package that would drop tariffs on American industrial goods and give U.S. agriculture more access to the EU market.
The Commerce Department has published the preliminary results of its antidumping duty administrative review on steel nails from Malaysia (A-557-816). In the final results of this review, Commerce may set assessment rates for subject merchandise from reviewed companies entered July 2023 through June 2024.
The Commerce Department has released the preliminary results of its antidumping duty administrative review on xanthan gum from China (A-570-985). In the final results of this review, Commerce may set assessment rates for subject merchandise from the companies under review that was entered July 1, 2023, through June 30, 2024.
Sen. Lindsey Graham, R-S.C., issued a statement Jan. 7 saying that he hopes there will be a vote on the Russia sanctions bill (see 2512190029 and 2601050050) "as early as next week."
As CBP shifts its focus from trade facilitation and trade enforcement, conducting reasonable care is no longer enough, and importers must be prepared to do much more, according to the lead analytical content manager for risk management provider Sayari.
Former House Speaker Paul Ryan, a Republican and self-proclaimed free trader, said the president should lose in the Supreme Court on his use of the International Emergency Economic Powers Act to impose tariffs.
Importers seeking review of shipments that have been detained or excluded for forced labor enforcement must submit their review requests via CBP's new forced labor portal that is launching this month, according to CBP.
A prominent political risk advisory firm says that peak tariff disruption is over, and that 2026 will bring some tariff reductions, but also continued uncertainty in several trade areas.