Manufacturing trade groups and companies mostly argued in comments to the U.S. Trade Representative that USMCA rules of origin for their sectors shouldn't change as part of the pact's review, and if they do, it should be only after extensive consultation with industry, and with adequate transition times.
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website Nov. 20, along with the case number(s) and CBP message number, is provided below. The messages are available by searching for the listed CBP message number at CBP's ADCVD Search page.
As CBP ramps up enforcement, the agency often seems to be heading straight for penalties, as witnessed anecdotally by the trend to send out more notices of action, or CF-29 forms, instead of informing importers of possible errors, according to trade experts speaking on a Nov. 20 webinar hosted by logistics company Expeditors.
The Congressional Budget Office updated its estimate of how much tariffs would reduce the federal deficit, if they stayed in place for 10 years, now saying they would reduce it by $2.5 trillion rather than $3.3 trillion (not counting saved interest costs).
A think tank says a surgical modernization of CAFTA-DR is the best approach for the future of the free trade agreement, though allowing Central American countries or the Dominican Republic to join USMCA is another option.
The Commerce Department published notices in the Federal Register Nov. 19 on the following antidumping and countervailing duty (AD/CVD) proceedings (any notices that announce changes to AD/CVD rates, scope, affected firms or effective dates will be detailed in another ITT article):
President Donald Trump's tariffs will last beyond his term in office, former Commerce Secretary Gina Raimondo predicted during a Nov. 19 event hosted by Bloomberg.
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.
Though the future of USMCA is unclear, the U.S., Mexico and Canada are too interdependent for the Trump administration to abandon free trade in the continent, according to experts speaking at a Nov. 14 event hosted by the Quincy Institute.
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.