In a hearing on the nominations for the chief agricultural negotiator and the deputy U.S. trade representative responsible for Africa, the Western Hemisphere and Europe, senators from both parties criticized the decision to import Argentinian beef and complained about foreign non-tariff barriers in agriculture.
President Donald Trump declined to put a new date on when immigration/fentanyl tariffs of 25% on Mexico would go up to 30%. Back on July 31, he said they would keep tariffs at the same rate through Oct. 29, as the two sides spoke about Mexico ending its non-tariff trade barriers.
More Republicans will vote to roll back fentanyl tariffs on Canada, lead sponsor Sen. Tim Kaine predicted the evening of Oct. 28, ahead of a vote on the Brazil emergency underpinning additional 40% tariffs on the majority of Brazilian exports.
Former Canadian and Mexican trade negotiators speculated at a think tank event about the likelihood that tariffs on goods from their home countries could be removed or lowered soon.
Peter Navarro, White House senior counselor for trade and manufacturing, argues that academics, editorial writers and analysts who say higher tariffs hurt domestic manufacturing are all wrong.
Section 232 tariffs on heavy- and medium-duty trucks and their parts and on buses will take effect Nov. 1, under a proclamation issued by President Donald Trump. Tariffs will be set at 25% for classes III through VIII trucks and their parts, and 10% on buses.
Section 232 tariffs on heavy- and medium-duty trucks and their parts and on buses will take effect Nov. 1, under a proclamation issued by President Donald Trump. Tariffs will be set at 25% for classes III through VIII trucks and their parts, and 10% on buses.
U.S. Trade Representative Jamieson Greer faced some skepticism at a Republican lunch this week, but how much is unclear, since many Republicans were circumspect in describing the conversation. However much intra-party pushback there is toward the administration's tariff and trade policy, one senator told International Trade Today that it doesn't matter in the end.
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
RANCHO MIRAGE, Calif. -- Artificial intelligence can never fully replace customs brokers because customs work often involves situations that require understanding the context behind an issue in such a way that a machine cannot, trade experts said on a panel during the Western Cargo Conference's annual meeting in Palm Springs, California, last week.