In its annual report on how foreign countries honor intellectual property protections, the Office of the U.S. Trade Representative added Mexico to its Priority Watch List of the worst offenders, while Argentina, China, India, Indonesia, Chile, Russia and Venezuela remain on the list from last year.
Automakers who build cars in America and import parts to do so will get a partial credit against the costs of 25% Section 232 tariffs on non-USMCA qualifying parts -- but the Commerce Department will examine companies' projections of both how many cars and light trucks they expect to build in the U.S. between April 3, 2025, and April 30, 2026, and the aggregate value of the MSRP of those vehicles.
Recent U.S. trade actions, such as the IEEPA tariffs on China, Canada and Mexico, the Section 232 tariffs on steel and aluminum derivatives, and the temporarily paused reciprocal tariffs on dozens of countries worldwide, could cause global container volumes to slump by 1% in 2025, according to U.K-based maritime shipping advisory firm Drewry.
Recent U.S. trade actions, such as the IEEPA tariffs on China, Canada and Mexico, the Section 232 tariffs on steel and aluminum derivatives, and the temporarily paused reciprocal tariffs on dozens of countries worldwide, could cause global container volumes to slump by 1% in 2025, according to U.K-based maritime shipping advisory firm Drewry.
Importer Atlas Power said April 15 in a reply to a government cross-motion for judgment that “years” after entering its merchandise, the United States was suddenly offering “a recently developed explanation” as to why its products, computer parts, had been assessed Section 301 duties (Atlas Power v. United States, CIT # 23-00084).
CBP published more details of how it will collect duties or fees on imported packages worth less than $800 with Chinese goods in the public inspection pages of the Federal Register on April 24.
The Office of the U.S. Trade Representative has released in the Federal Register its Section 301 determination on U.S. shipbuilding (see 2504180018), meaning that it has confirmed the timelines for when the U.S. government will collect fees on foreign-built vessels docking at U.S. ports. Fee collection will begin Oct. 14.
The Office of the U.S. Trade Representative has released in the Federal Register its Section 301 determination on U.S. shipbuilding (see 2504180018), meaning that it has confirmed the timelines for when the U.S. government will collect fees on foreign-built vessels docking at U.S. ports. Fee collection will begin Oct. 14.
Experts predicted that a trade deal between the United States and China is unlikely in the short term and that any deal will depend on "some sort of down payment" by China before negotiations can begin.
A former staffer in the Office of the U.S. Trade Representative during President Donald Trump's first term and a Harvard professor agreed on very little in a debate hosted by The Federalist Society on Trump's tariffs and trade policy.