Taxes, Tariffs & Trade
Steel/Aluminum tariffs continue to impact trade partners; exclusion request process opens
Issue Overview While the Section 232 tariffs on steel and aluminum imported from Canada and Mexico were removed in May, […]
President halts proposed U.S. tariffs on Mexican imports
What was announced? On June 7, President Trump “indefinitely suspended” his previously announced plan to implement tariffs on all imports […]
Tariffs increased on Chinese imports; additional tariffs forthcoming
On May 10, in response to unsuccessful trade negotiations with China, the U.S. Trade Representative (USTR) increased Section 301 import […]
USMCA assessment indicates “moderate” impact on U.S. economy
A key deadline in securing congressional approval of the U.S. – Mexico – Canada Agreement (USMCA) was met in late […]
India requests extension of GSP status until after national elections
Citing an inability to make major policy decisions during its national election period, India has requested a 90-day extension of […]
Buyer beware, USTR publishes list of most notorious markets
The United States Trade Representative (USTR) prepares an annual report on trading partners’ protection of intellectual property rights. The report includes a Notorious […]
Additional Chinese import tariffs proposed; respond by May 30
On May 13, the U.S. Trade Representative (USTR) released List 4 of approximately $300 billion in Chinese imports on which it proposes […]
Additional duty on products from China take effect May 10
The U.S. Trade Representative (USTR) has announced it will increase the duty on List 3 of China imports from 10 percent to 25 percent […]
Negotiations with China continue over tariffs, other topics
In early April conversations between the U.S. and China, the latter indicated that “new progress’ had been made and President […]
USITC releases USMCA analysis
Last week, the U.S. International Trade Commission (USITC) released its formal analysis of the economic impact of the USMCA, with their model […]