As a Russia sanctions bill appears to have more momentum (see 2511170041), Democratic senators declined to say what tariff levels would be effective or appropriate if it becomes law.
A year after the U.S. China Economic and Security Review Commission recommended that de minimis be terminated, and that normal trading relations with China be terminated, only one of its top 10 recommendations was about the treatment of imports. Its annual report for 2025 recommends that Congress ban the import of energy storage systems that have remote monitoring capabilities, if they are made by Chinese companies or their technology was licensed by Chinese companies. Most utility-scale storage batteries are lithium-ion, and 80% of those batteries are made in China.
Congress will move toward a vote on a bill that gives the president the authority to hike tariffs on goods from countries that buy Russian energy, and directs him to prohibit banking transactions and foreign exchange transactions for Russian companies doing business with companies or banks in other countries.
The U.S. is eliminating 15% tariffs on Ecuadoran bananas and cocoa, and 10% tariffs on Guatemalan coffee and Argentinian beef, as the three countries have reached framework agreements on reciprocal trade.
The recent export controls suspended by the Chinese government created a new framework for export controls that could quickly be reinstated should tensions between the U.S. and China flare up again, according to compliance experts.
Rep. Raja Krishnamoorthi, D-Ill., the ranking member of the House Select Committee on China, is asking Commerce Secretary Howard Lutnick to tell him whether allied governments were consulted before the White House announced that chip exports from Nexperia's China factory would resume, suggesting that the EU was caught flat-footed at the development. Nexperia makes semiconductors used in automobiles.
China has suspended port fees for U.S. ships and sanctions on five U.S. subsidiaries of South Korean shipbuilder Hanwha Marine Corporation in response to the Trump administration's decision last week to drop ship fees for Chinese vessels and slash tariffs on Chinese goods (see 2511030005).
China suspended export controls for a year on certain key critical minerals and other dual-use items that were banned from being shipped to the U.S. for military uses, China's Ministry of Commerce said in a Nov. 9 press release. The ban on exports of gallium, germanium, antimony and “superhard materials” was originally instated in December 2024 (see 2412030022). The move comes amid a thaw in the trade conflict between the U.S. and China after talks between President Donald Trump and President Xi Jinping at the end of last month (see 2510300003).
The FDA's ability to process imports slowed down this fall, driven by a combination of factors: the government shutdown, the transition from a regional to a national processing program, and increased scrutiny of imported products subject to import alerts, such as products from Indonesia, sources told International Trade Today.
Although China agreed to temporarily suspend its sweeping rare earth export restrictions, the threat of those controls returning appears likely, said Jude Blanchette, director of the Rand China Research Center.