International Trade Today is providing readers with the top stories from Nov. 29 - Dec. 3 in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
The Trump administration's Section 301 tariffs on Chinese imports caused "a lot of damage to American consumers and business," and "we are no better off" after the phase one trade deal with China, House Ways and Means Trade Subcommittee Chairman Earl Blumenauer, D-Ore., told reporters during a roundtable discussion Thursday. Though stopping short of arguing the tariffs should be rolled back en masse, he did say there should be an effort to "take them one by one and make some adjustments." Some Section 301 tariffs could be changed in a process that need not be "politically toxic," he said. "The mess that Biden inherited takes some time to sort out," said Blumenauer. Customs and Border Protection collected more than $113.55 billion in Section 301 tariffs on Chinese goods from U.S. importers through Nov. 17 since the first of the tariffs took effect in July 2018.
The U.S. Chamber of Commerce objects to legislation meant to update antidumping and countervailing duty laws, it said in a letter to leadership of House Ways and Means Committee and its Trade Subcommittee. Soon after the Chamber sent its letter, lawmakers introduced the House version of the Eliminating Global Market Distortions to Protect American Jobs Act, the legislation that the Chamber has concerns about. "The Chamber opposes this bill, which has not been subject to the scrutiny and deliberation required for a complex, far-reaching measure amending U.S. AD/CVD laws," the Chamber said. "This major overhaul of U.S. trade laws could add to inflationary pressures by raising costs for a wide variety of goods, including many products sourced from U.S. allies and partners."
The following lawsuits were recently filed at the Court of International Trade:
CBP will deny liquidation extension requests that are filed "based solely on the pending CIT litigation challenging the lawfulness of the Section 301 duties on Chinese goods under List 3 and/or List 4A," the agency said in CSMS message. CBP will "place protests challenging the lawfulness of the Section 301 duties imposed on Chinese goods under List 3 and/or List 4A in 'Suspended' status under 'Other,' as CBP will not be acting on these protests at this time," it said. "The suspension of protests under the 'Other' category does not in any manner acknowledge the validity of such protests but is merely an administrative convenience for CBP. This guidance regarding liquidation extensions and protest processing does not pertain to entries filed under List 1 (subheading 9903.88.01), List 2 (subheading 9903.88.02), submissions pertaining to exclusion requests pending with the U.S. Trade Representative, or submissions not contesting the validity of List 3 and/or List 4A Section 301 duties on Chinese goods."
The leader of the House Ways and Means Trade Subcommittee focused on making it easier for domestic industry to win antidumping and countervailing duty cases and said that the de minimis statute needs to be altered, in a hearing designed to talk about how Chinese practices damage workers, businesses and the environment.
E-filliate recalled DeWalt-branded Jobsite Pro wireless earphones due to a fire risk, said the Consumer Product Safety Commission Wednesday. E-filliate received 61 reports of the earphones overheating during charging or use, including five reports of fire and four reports of minor burn injuries. Consumers should stop using the earphones and contact E-filliate to receive a prepaid shipment label to return the product directly to E-filliate and receive a free replacement. The earphones were sold at Home Depot, Lowe’s and electronics and hardware stores -- and online at www.cyberguys.com -- from December 2019 through July 2021 for about $60. The recall affects about 301,800 units.
The U.S. Chamber of Commerce objects to legislation meant to update antidumping and countervailing duty laws, it said in a letter to leadership of House Ways and Means Committee and its Trade Subcommittee. Soon after the Chamber sent its letter, lawmakers introduced the House version of the Eliminating Global Market Distortions to Protect American Jobs Act, the legislation that the Chamber has concerns about. "The Chamber opposes this bill, which has not been subject to the scrutiny and deliberation required for a complex, far-reaching measure amending U.S. AD/CVD laws," the Chamber said. "This major overhaul of U.S. trade laws could add to inflationary pressures by raising costs for a wide variety of goods, including many products sourced from U.S. allies and partners."
KEF’s R Series speakers are on sale through Jan. 8, the company emailed Wednesday. The flagship R11s are $2,399 each, down from $3,000, the R3 bookshelf model is $1,699 each, from $2,200, and the R2 center-channel speaker is $301 off to $999. Finishes are black gloss, white gloss and walnut.
CBP will deny liquidation extension requests that are filed "based solely on the pending CIT litigation challenging the lawfulness of the Section 301 duties on Chinese goods under List 3 and/or List 4A," the agency said in CSMS message. CBP will "place protests challenging the lawfulness of the Section 301 duties imposed on Chinese goods under List 3 and/or List 4A in 'Suspended' status under 'Other,' as CBP will not be acting on these protests at this time," it said. "The suspension of protests under the 'Other' category does not in any manner acknowledge the validity of such protests but is merely an administrative convenience for CBP. This guidance regarding liquidation extensions and protest processing does not pertain to entries filed under List 1 (subheading 9903.88.01), List 2 (subheading 9903.88.02), submissions pertaining to exclusion requests pending with the U.S. Trade Representative, or submissions not contesting the validity of List 3 and/or List 4A Section 301 duties on Chinese goods."