Additional Chinese Import Tariffs Incoming
In a statement released by the White House last week, President Trump announced that he has “directed the United States Trade Representative to identify $200 billion worth of Chinese goods for additional tariffs at a rate of 10 percent. After the legal process is complete,…
EU Charging 25% Import Duties on American Goods
Beginning last Friday, the European Union (EU) has started charging import duties of 25 percent on a range of U.S. products as retaliation to the U.S. imposed tariffs on EU steel and aluminum earlier this month. This list of products includes home appliances, motor vehicles, household…
GSP Reviews of Product Eligibility, Thailand Scheduled by USTR
The Office of the U.S. Trade Representative has announced the schedules for its reviews of (a) petitions seeking changes to the eligibility of various products for preferential duty treatment under the Generalized System of Preferences and (b) Thailand’s compliance with the GSP market access criterion…
EU Retaliatory Tariffs Expected in July
The European Commission approved June 6 a decision to impose higher duties on U.S. products as part of the European Union’s response to a June 1 increase in U.S. tariffs on steel and aluminum from EU and other countries. The Commission anticipates completing the relevant…
Trump Considering Bilateral Talks to Update NAFTA
President Trump is reportedly considering pursuing individual trade agreements with Canada and Mexico amid dimming prospects for concluding talks on a revamped NAFTA. The NAFTA negotiations have been underway since last summer but have stalled in recent months as Canada and Mexico have refused U.S….
New Legislation Would Require Congressional Approval of Section 232 Tariffs
Legislation introduced June 6 by a bipartisan group of senators would require Congress to approve any import tariffs imposed on national security grounds under Section 232 of the Trade Expansion Act of 1962. The measure reflects growing opposition to President Trump’s decision to levy such…
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