More than 100 House Democrats asked the U.S. trade representative to make significant changes to USMCA as part of its six-year review, arguing that imports from Mexico and Canada are undermining U.S. autoworkers, steelworkers, aerospace workers and farmers.
As the Office of the U.S. Trade Representative considers whether the U.S. wants to continue the USMCA, it will evaluate more than 1,500 comments from farmers, manufacturers, retailers, civic society and broad business interests that operate in all three countries.
House Ways and Means Trade Subcommittee Chairman Adrian Smith, R-Neb., wrote that in order to make sure the "strong trade deals" the president has negotiated with Europe, Malaysia, Japan and others last past 2028, Congress must codify those agreements.
CBP released guidance on Section 232 import duties for medium- and heavy-duty trucks, medium- and heavy-duty truck parts, and buses via an Oct. 29 cargo systems message.
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.