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.
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.
Although the Bureau of Industry and Security's AI diffusion export control rule has sparked broad pushback from some U.S. allies, it appears to take a “strong step” toward improving BIS efforts to prevent chip smuggling to China, said researchers with the Center for a New American Security. If the Trump administration decides to tweak parts of the rule or revoke it altogether, the researchers warned, the U.S. will need to find other ways for BIS to better enforce its chip controls.
In a town hall call-in appearance April 30, President Donald Trump said that his administration has “potential” tariff deals negotiated with South Korea, Japan and India, but said they weren’t in a hurry to announce them -- “it can wait two weeks.”
A possible Vermont version of Daniel’s Law (H-342) is “not dead, but it is not moving,” state Rep. Monique Priestley (D) said Thursday on Vermont Perspective, a radio show on WDEV. After the show, Priestley told us in a phone interview that another piece of legislation, her comprehensive privacy bill, remains “very much in play.”