On his first day in office, the president directed the heads of agencies that deal with trade, tariff collection and trade remedies to:
No goods subject to special trade remedies -- 99.9% of which are subject to Section 301 tariffs -- would be able to enter as de minimis shipments under a proposed rule released by CBP Jan. 17.
Reps. Suzan DelBene, D-Wash., and Don Beyer, D-Va., reintroduced a bill that would remove the possibility of a president using the International Economic Emergency Powers Act to impose quotas or tariffs. Most lawyers think Trump would use IEEPA for a global tariff. The statute is currently used to impose sanctions on parties in Iran, Belarus, Burma, Ethiopia and dozens of other countries.
CBP will be requiring producers of automotive parts and vehicles to supply more data elements to prove that these goods are eligible for preferential tariff treatment under the trade agreement between the U.S., Mexico and Canada, according to an interim final rule released Jan. 16.
Scott Bessent, President-elect Donald Trump's nominee for treasury secretary, told the Senate Finance Committee that they should think about how tariffs will be deployed by thinking of three categories.
Senate Majority Leader John Thune, R-S.D., said that senators are starting to have conversations about what incoming President Donald Trump might do on tariffs, and said, "We'll work through that."
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.
The Commerce Department released notices in the Federal Register on its recently initiated antidumping and countervailing duty investigations on active anode material from China (A-570-194/C-570-195). The CVD investigation covers entries Jan. 1, 2023, through Dec. 31, 2023. The AD investigation covers entries April 1, 2024, through Sept. 30, 2024.
CBP is expanding the number of supply chain entity party types that can input Global Business Identifiers in the ACE Cargo Release from the original six optional parties or filers to include two new parties: “Intermediary” and “Source,” according to a Federal Register notice seeking approval from the Office of Management and Budget for CBP's planned changes in information collection.
Auto sector manufacturers and importers will have 425 days to cut Chinese software that enables automated driving systems or enables a vehicle to connect to the outside world at a frequency above 450 MHz from their supply chains, according to a final rule from the Bureau of Industry and Security set to be published Jan. 16.