President Joe Biden informed the House of Representatives that he vetoed their resolution that aimed to end a two-year pause on anti-circumvention duties for panels and cells from some Chinese companies with manufacturing in Southeast Asian countries.
Mara Lee
Mara Lee, Senior Editor, is a reporter for International Trade Today and its sister publications Export Compliance Daily and Trade Law Daily. She joined the Warren Communications News staff in early 2018, after covering health policy, Midwestern Congressional delegations, and the Connecticut economy, insurance and manufacturing sectors for the Hartford Courant, the nation’s oldest continuously published newspaper (established 1674). Before arriving in Washington D.C. to cover Congress in 2005, she worked in Ohio, where she witnessed fervent presidential campaigning every four years.
The negotiations between Europe and the U.S. to create an arrangement that would discourage imports of dirty steel, or steel made from uneconomic excess capacity, "have a long way to go," American Iron and Steel Institute CEO Kevin Dempsey said, speaking to reporters May 16 at AISI's general meeting.
American Iron and Steel Institute CEO Kevin Dempsey thanked Commerce Secretary Gina Raimondo for continuing to enforce 25% tariffs on imported steel from most countries, authorized under the Section 232 national security rationale.
A note to the Harmonized Tariff Schedule specifies that, in order to qualify as water resistant, goods must both meet a water seepage standard and incorporate either rubber or plastics. Maine's two U.S. senators recently introduced a bill that would drop the clause on plastics and rubber that is part of the additional note to Chapter 62.
A think tank representative and an official from the Federation of German Industries disagreed about how to judge the success of the U.S.-EU Trade and Technology Council, but participants at a think tank discussion of the TTC and friend-shoring agreed that deciding who is a friend, how to compensate businesses for the costs of supply chain resiliency and values-based sourcing and how to balance domestic politics and friend-shoring are all complicated questions.
The Office of the U.S. Trade Representative announced that 77 of 81 items previously granted Section 301 exclusions due to the COVID-19 pandemic will continue through Sept. 30. The rest will expire at the end of May. All the exclusions had been scheduled to end May 15.
Senate Finance Committee ranking member Mike Crapo, R-Idaho, said that he and Chairman Ron Wyden, D-Ore., have not delved into details about what they might keep and what they might drop from the U.S. Innovation and Competition Act trade title as the Senate tries for a second China competition bill. But, Crapo said, with regard to the Section 301 exclusion process directive that was part of the June 2021 package, it may not be on the agenda.
The chairman of the powerful House Rules Committee used his perch to promote a bill he sponsored that would allow the president to lower duties on non-import-sensitive goods made by a country that lost exports due to coercive actions; increase duties on imports from the "foreign adversary" committing the coercion; and allow the U.S. to more easily facilitate trade, including exports, with the coerced parties (see 2302230021).
Sen. Josh Hawley, a populist Republican from Missouri, said he's linking a proposal to hike tariffs on Chinese imports to the debt ceiling and budget deficit debate because he believes it could revive "good-paying manufacturing jobs" in America. In his view, the loss of these jobs is a "huge" driver of the federal government's deficit, as it doesn't bring in enough revenue to cover its spending.
The inability of CBP to stop all goods made with Uyghur forced labor was one of the focuses of a trade hearing hosted on Staten Island by the House Ways and Means Committee, and when committee Chairman Jason Smith, R-Mo., asked a witness what more could be done to crack down, Uyghur activist Nury Turkel said the Uyghur Forced Labor Prevention Act should be expanded to cover all of China.