The U.K. and India agreed to a new free trade deal this week that will reduce tariffs for a range of goods in what will be a “huge economic win” for the U.K., the country announced. The U.K.’s trade agency said the agreement will reduce Indian tariffs on 90% of U.K. exports’ tariff lines -- including whiskey, cosmetics and medical devices -- and 85% of those lines are expected to become “fully tariff-free within a decade.” The U.K. also said it plans to reduce import duties that will lead to lower prices for clothes, footwear, and food products from India, including frozen shrimp.
Under aggressive questioning from Rep. Ayanna Pressley, D-Mass., Treasury Secretary Scott Bessent said that exempting tariffs on car seats, cribs, high chairs and other essential baby items "is under consideration."
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website May 2-5, 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 Commerce Department began administrative reviews for certain firms subject to antidumping and countervailing duty orders with March anniversary dates, it said in a notice April 28. Producers and exporters subject to any of these administrative reviews on China or Vietnam must submit their separate rate certifications or applications by May 12 in order to avoid being assigned high China-wide or Vietnam-wide rates.
On April 28, the FDA posted new and revised versions of the following Import Alerts on the detention without physical examination of:
On April 15, the FDA posted new and revised versions of the following Import Alerts on the detention without physical examination of:
On April 11, the FDA posted new and revised versions of the following Import Alerts on the detention without physical examination of:
On April 8, the FDA posted new and revised versions of the following Import Alerts on the detention without physical examination of:
Various trade-related agencies recently issued a unified report to President Donald Trump discussing a range of trade topics, including the administration of antidumping duty and countervailing duty laws, the White House announced. The administration released a summary of each section, noting that for AD/CVD laws, the report recommends adding new countries to the "list of non-market economies" and engaging in more self-initiation of new AD/CVD investigations.
On April 4, the FDA posted new and revised versions of the following Import Alerts on the detention without physical examination of: