International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
The U.S. will grant new Section 232 exclusions for steel and aluminum imports from the EU as part of a deal that will also extend the tariff rate quotas on EU steel and aluminum and avoid EU retaliatory tariffs on U.S. exports.
CBP is temporarily suspending operations at the international railway crossing bridges in Eagle Pass and El Paso, Texas, the agency said. The suspension, which CBP said is effective Dec. 18, is meant to help CBP redirect personnel to "assist the U.S. Border Patrol with taking migrants into custody," the agency said.
Pencil importer Royal Brush Manufacturing was required to file protests before it could challenge CBP's allegedly improper liquidations under an Enforce and Protect Act antidumping duty evasion investigation, the Court of International Trade ruled on Dec. 15. Dismissing the company's case for lack of jurisdiction, Judge Mark Barnett echoed the U.S. Court of Appeals for the Federal Circuit's ruling in Juice Farms v. U.S. in ruling that "all liquidations, whether legal or not, are subject to the timely protest requirement."
Former trade negotiators, think tank trade advocates, and a current political appointee at the Office of the U.S. Trade Representative grappled with whether turning away from tariff-lowering free trade agreements is wise or misguided, whether years of globalization from 1995-2015 led to prosperity or economic carnage, and what type of issues should be tackled in the Indo-Pacific Economic Framework or other trade deals.
Rep. Earl Blumenauer, D-Ore., the most prominent advocate for restricting de minimis in Congress, said he held an informal hearing in the hopes of building consensus with Republicans. No Republicans attended, but Rep. Don Beyer, a pro-trade Democrat who serves with Blumenauer on the House Ways and Means Trade Subcommittee, said in an interview after the hearing that he was swayed.
The “vast majority” of comments submitted on the scope of ongoing antidumping and countervailing duty investigations on aluminum extrusions from 14 countries are “replete with hyperbole and theoretical situations,” said the petitioners that requested the investigations, in rebuttal comments recently submitted to the Commerce Department.
The Court of International Trade ruled Dec. 11 that imported industrial shredders that use blades to break up material carry no duties because they are classifiable as crushing and grinding machines.
Congress should remove permanent normal trade relations status for China, but rather than move Chinese imports into Column 2, it should create a China-specific tariff schedule "that restores U.S. economic leverage to ensure that the [Chinese government] abides by its trade commitments and does not engage in coercive or other unfair trade practices and decreases U.S. reliance on [Chinese] imports in sectors important for national and economic security," the House Select Committee on China wrote as one of its dozens of legislative recommendations in its "Strategy to Win America's Economic Competition with the Chinese Communist Party." The report, released Dec. 12, also recommended:
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.