House Ways and Means Chairman Richard Neal, D-Mass., said that even though the politics around an end-of-year tax extender may change if Congress makes some renewable energy tax credits permanent, he believes it's still likely that the modernization act for the Generalized System of Preferences benefits program and Miscellaneous Tariff Bill can get done by the end of the year.
The following lawsuits were recently filed at the Court of International Trade:
The Department of Commerce made multiple errors in calculating the duty margin in an administrative review of the antidumping duty order on antifriction bearings from China, Tainai said in a July 26 motion at the Court of International Trade (Shanghai Tainai Bearing Co., Ltd. and C&U Americans, LLC v United States, CIT #22-0038).
Although President Joe Biden criticized President Donald Trump's China tariffs on the campaign trail, Peterson Institute for International Economics Senior Fellow Chad Bown said he always thought it was unlikely Biden would roll any of them back, because there are "huge political costs" to doing so, because opponents could label you as "weak on China."
The following lawsuits were recently filed at the Court of International Trade:
Trade Law Daily is providing readers with the top stories from last week in case you missed them. All articles can be found by searching on the title or by clicking on the hyperlinked reference number.
Senate Majority Leader Chuck Schumer, D-N.Y., speaking on the floor of the Senate just before the CHIPS bill passed, said he wants the conference committee for the House and Senate China packages to continue negotiating.
Commerce Secretary Gina Raimondo acknowledged that lifting Section 301 tariffs is one of the few levers the White House has to lower inflation right now, but implied that President Joe Biden is hesitating because unions are arguing it would hurt workers.
The following lawsuits were filed at the Court of International Trade during the week of July 18-24:
The following lawsuits were recently filed at the Court of International Trade: