Reciprocal Tariffs Imposed and China De Minimis Exemption Eliminated On April 2, President Donald Trump issued two executive orders. The first was an Executive Order putting in place "reciprocal tariffs" on foreign products...more
On January 20, 2025, within a few hours of his return to the White House, U.S. President Donald Trump signed an “America First Trade Policy” memorandum, revealing the initial priorities of his trade agenda. Week one in the...more
1/30/2025
/ Anti-Dumping Duty ,
China ,
Countervailing Duties ,
Imports ,
International Trade ,
Presidential Memorandum ,
Tariffs ,
Trade Deficit ,
Trade Policy ,
Trade Relations ,
Trump Administration ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies ,
USTR
President-elect Trump vows to impose tariffs on U.S. imports as early as on his first day in office. Preparing for his second term, President-elect Donald Trump has made it clear that he will leverage tariff hikes to resolve...more
1/2/2025
/ Canada ,
China ,
Electric Vehicles ,
Exports ,
Imports ,
Mexico ,
Statutory Authority ,
Supply Chain ,
Tariffs ,
Trade Relations ,
Trump Administration ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies
Following last week’s announcement concerning the U.S. Trade Representative’s proposal to add or increase Section 301 ad valorem rates of duty for certain products of China, on May 22, 2024, the USTR issued its highly...more
5/24/2024
/ Batteries ,
China ,
Electric Vehicles ,
Imports ,
Manufacturers ,
Section 301 ,
Semiconductors ,
Supply Chain ,
Tariffs ,
Trade Relations ,
USTR
On Tuesday, May 14, 2024, in response to the U.S. Trade Representative’s (USTR) recommendations, the Biden Administration announced plans to add and increase Section 301 tariffs across strategic sectors such as steel and...more
Importers that can demonstrate "significant financial hardship" resulting from the COVID-19 pandemic may benefit from President Trump's April 18 Executive Order, which authorizes the Treasury Department to grant importers an...more
Unexpectedly, on March 26, 2020, U.S. Customs and Border Protection (CBP) issued a Cargo Systems Messaging Service (CSMS) message announcing that it will no longer accept requests from importers to defer payment of duties on...more
The Office of the U.S. Trade Representative (USTR) has issued two separate notices of interest to U.S. importers caught in the U.S.-China trade war and that are seeking relief through Section 301 tariff exclusions....more
3/26/2020
/ China ,
Coronavirus/COVID-19 ,
Goods or Services ,
Imports ,
Medical Supplies ,
Personal Protective Equipment ,
Section 301 ,
Supply Chain ,
Trade Relations ,
Trade Wars ,
US Trade Policies ,
USTR
Beginning January 1, 2013, manufacturers, producers, and importers of medical devices must report and pay a 2.3% excise tax on the sales price of taxable medical device pursuant to Section 4191 of the Internal Revenue Code...more