President Donald Trump announced via Twitter on Sunday, February 24, 2019, that he will be postponing the scheduled March 2, 2019, increase in Section 301 tariffs from 10 to 25 percent on $200 billion worth of imported Chinese products due to “substantial progress” in ongoing trade negotiations between the two countries. While the postponement is
Tariffs/Trade Policy
U.S. Producer Files Antidumping and Countervailing Duty Petition on Carbon and Alloy Steel Threaded Rod Imports from China, India, Taiwan and Thailand
On February 20, 2019, Vulcan Steel Products Inc. (Vulcan) filed a petition with the U.S. Department of Commerce (Commerce) and the U.S. International Trade Commission (Commission) seeking antidumping duties (ADD) and countervailing duties (CVD) on imports of carbon and alloy steel threaded rod (CASTR) from the People’s Republic of China, India, Taiwan and Thailand. According…
Coalition for U.S. Acetone Producers Files Antidumping Petition on Acetone Imports from Belgium, Korea, Saudi Arabia, Singapore, South Africa and Spain
On February 19, 2019, the Coalition for Acetone Fair Trade (Coalition) filed a petition with the U.S. Department of Commerce (Commerce) and the U.S. International Trade Commission (Commission) seeking antidumping duties (ADD) on imports of acetone from Belgium, Korea, Saudi Arabia, Singapore, South Africa and Spain. The Coalition consists of U.S. acetone producers AdvanSix Inc.,…
Consolidated Appropriations Act for Funding the Government Includes Requirements for Sections 232 and 301 Tariff Exclusion Processes
On February 15, 2019, President Trump signed the Consolidated Appropriations Act, 2019 (Act) that fully funds the government for the remainder of the fiscal year ending on September 30, 2019. With Congress and the president agreeing on these appropriations, a second partial government shutdown was averted. Included in the Act is a provision authorizing additional…
American Institute of Steel Construction Seeks Antidumping and Countervailing Duties on Fabricated Structural Steel Products from Canada, Mexico and China
On February 1, 2019, the American Institute of Steel Construction, LLC (AISC) filed a petition with the U.S. Department of Commerce (Commerce) and the U.S. International Trade Commission (Commission) seeking antidumping duties (ADD) and countervailing (CVD) duties on imports of fabricated structural steel (FSS) products from Canada, Mexico and the People’s Republic of China. FSS…
President Trump Comments on Trade in State of the Union Address
In his second State of the Union address to Congress, President Donald Trump noted that he campaigned on several core promises, including “to defend American jobs and demand fair trade for American workers.” He argued that his administration has “moved with urgency and historic speed to confront problems neglected by leaders of both parties over…
U.S. Trade Representative Submits Reports to Congress on China’s and Russia’s WTO Compliance
The U.S. Trade Representative (USTR) is required by law to report annually to Congress on compliance by the People’s Republic of China (China) and the Russian Federation (Russia) with commitments made in connection with their accession to the World Trade Organization (WTO), including both multilateral commitments and any bilateral commitments made to the United States.…
Congressional Research Service Releases Overview Report on International Trade and Finance Issues for 116th Congress
The Congressional Research Service (CRS), a nonpartisan staff to congressional committees and Members of Congress, has released an overview report, International Trade and Finance: Overview and Issues for the 116th Congress, in which it offers a brief review of President Donald Trump’s first two years in office and policy issues that the new 116th…
Additional Legislation Introduced in Congress Seeks to Curtail Executive Branch’s Authority to Implement Section 232 Tariffs
As reported in our post of January 25, 2019, members of the 116th session of Congress are seeking ways to address President Donald Trump’s authority to unilaterally impose tariffs under various statutes. This trend continued on January 30, 2019, with the bipartisan introduction of the Bicameral Congressional Trade Authority Act. Introduced by Sens. Mark Warner (D-VA) and Pat Toomey (R-PA), this bill would restore to Congress its Article I constitutional authority over foreign trade and commerce, specifically focusing on tariffs implemented under the claim of “national security.” The senators stated that recent Trump administration Section 232 actions have been economically disruptive and have damaged U.S. relationships with its allies, including Mexico, Canada, Japan, the EU and India.
Trade-Related Agencies Reopen, and Many Toll Deadlines from Government Shutdown
With the 35-day partial federal government shutdown ending on January 26, 2019, the U.S. government’s trade-oriented agencies have reopened and are beginning to work through massive backlogs of work as personnel resume full-time operations. What follows is a listing of the current operational status of many of these agencies:
U.S. Customs and Border Protection (CBP)…