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.
The Court of International Trade on May 13 heard arguments in the lead case on the president's ability to impose tariffs under the International Emergency Economic Powers Act. Judges Jane Restani, Gary Katzmann and Timothy Reif pressed counsel for the plaintiffs, the Liberty Justice Center's Jeffrey Schwab, and DOJ attorney Eric Hamilton on whether the court can review whether a declared emergency is "unusual and extraordinary," as well as the applicability of Yoshida International v. U.S., a key precedential decision on the issue, and whether the major questions doctrine applies and controls the case (V.O.S. Selections v. Trump, CIT # 25-00066).
The Commerce Department published notices in the Federal Register May 12 on the following antidumping and countervailing duty (AD/CVD) proceedings (any notices that announce changes to AD/CVD rates, scope, affected firms or effective dates will be detailed in another ITT article):
The Commerce Department made preliminary affirmative antidumping duty determinations that imports of thermoformed molded fiber products from China (A-570-182) and Vietnam (A-552-845) are being sold in the U.S. at less than fair value. The agency is imposing AD cash deposit requirements on entries of subject merchandise beginning May 12.
The Commerce Department has released the final results of the antidumping and countervailing duty administrative reviews on oil country tubular goods (OCTG) from India (A-533-857/C-533-858). These final results will be used to set final assessments of AD for subject merchandise for the companies under review entered Sept. 1, 2022, through Aug. 31, 2023, and CVD for entries Jan. 1, 2022, through Dec. 31, 2022.
The Commerce Department and the International Trade Commission published the following Federal Register notices May 12 on AD/CVD proceedings:
The Commerce Department has released the final results of the antidumping duty administrative review on passenger vehicle and light truck tires from Thailand (A-549-842). These final results will be used to set final assessments of AD duties on importers for subject merchandise entered July 1, 2022, through June 30, 2023.
Pushing back against a motion to transfer an International Emergency Economic Powers Act challenge to the Court of International Trade, educational materials importers led by Learning Resources said May 7 that the case’s jurisdictional question overlaps with its substantive one -- whether IEEPA actually permits the president to levy tariffs (Learning Resources, Inc. v. Donald J. Trump, D. D.C. # 25-01248).
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website May 9, along with the case number(s) and CBP message number, is provided below. The messages are available by searching for the listed CBP message number at CBP's ADCVD Search page.
The International Trade Commission published notices in the May 9 Federal Register on the following antidumping and countervailing duty (AD/CVD) injury, Section 337 patent or other trade proceedings (any notices that warrant a more detailed summary will be in another ITT article):