Five senators, both Republicans and Democrats, asked Jamieson Greer, then the U.S. trade representative nominee, to advocate for a formal exclusion process to tariffs, as was done for the Section 301 tariffs in Trump's first term. These written exchanges were recently posted at the Senate Finance Committee website, long after Greer's confirmation vote.
Although the reciprocal tariff for imported Chinese goods may have fallen to 10% for 90 days (see 2505130074), Flexport trade experts advised companies to not treat this action as if there will be an extension. Doing so will prevent companies from having to ask later whether they will have any in-transit exemptions as the 90-day period ends around Aug. 12, according to Angela Lewis, global head of customs for Flexport.
The Trump administration’s tariffs will affect the cost of network equipment used in building BEAD projects, but they aren’t the program's biggest challenge, experts said Wednesday during a Schools, Health & Libraries Broadband Coalition webinar.
Companies are starting to feel their way into a long-range import plan while still coping with a number of unknowns in the near term, according to a DHL official speaking during a May 12 company webinar on U.S. tariff updates.
Carriers concerned about rising prices for iPhones and other devices and gear from China got good news early Monday as the Trump administration struck a preliminary agreement to temporarily slash a proposed tariff on Chinese imports from 145% to 30%. “We have reached an agreement on a 90-day pause and substantially moved down the tariff levels -- both sides, on the reciprocal tariffs, will move their tariffs down 115%,” said U.S. Treasury Secretary Scott Bessent.
Talton made its case at the FCC for why its petition seeking a waiver of the agency's rules capping the rates for audio and video for incarcerated people should get confidential treatment. Talton serves U.S. Immigration and Customs Enforcement, and “compelling disclosure of sensitive material on such a flimsy basis as seen here risks chilling petitioners from confidently disclosing their protected information to the FCC,” the company said in a filing posted Friday (docket 23-62).
The Trump administration is leaving 20% tariffs levied in response to fentanyl smuggling in place, while reducing what had been 125% reciprocal tariffs to just 10%, the same as all reciprocal tariffs globally.
The European Commission on May 7 approved an over $5.6 billion French re-insurance scheme for export credit to the U.S. The scheme will run from May 8 to July 8 and will let wine and spirits exporters ship inventory to the U.S. prior to new tariffs on French goods taking effect when a 90-day pause on country-specific reciprocal rate expires.
What the Trump administration's tariffs will mean for the communications sector remains murky (see 2504030056). On Thursday, the administration announced a deal with the U.K., the first of what it said will be multiple trade agreements.
Both the Japanese government and Japanese reporters' coverage of Japan's more than two-hour talk with the U.S. trade representative, commerce secretary and treasury secretary describe politicians who are not in a hurry to settle to avoid 24% tariffs under the reciprocal tariff plan that is scheduled to take effect in early July.