An International Trade Commission study of foreign-trade zones, and how U.S. policy supports or undermines their effectiveness, gave some support for the argument free trade zone advocates have made about using FTZs as a staging area for de minimis shipments, but suggested that complaints about treatment under USMCA were overblown.
Senate Finance International Trade Subcommittee Chairman Tom Carper, D-Del., said he would like to hold a future hearing on the Americas Act, a proposal from Sen. Bill Cassidy, R-La., to liberalize trade with Central American, Caribbean and South American countries (see 2301110045 and 2301130042), and to pay for grants and subsidized loans for countries reshoring or nearshoring out of China with changes to de minimis law. Sen. Michael Bennet, D-Colo., is a co-sponsor of the bill.
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.
A listing of recent Commerce Department antidumping and countervailing duty messages posted to CBP's website May 15, along with the case number(s) and CBP message number, is provided below. The messages are available by searching for the listed CBP message number at CBP's ADCVD Search page.
Former chief agricultural negotiator for the Office of the U.S. Trade Representative Gregg Doud called for the use of the new enforcement mechanism in the USMCA during a House Agriculture Committee hearing May 11.
A listing of recent Commerce Department antidumping and countervailing duty messages posted to CBP's website May 3, along with the case number(s) and CBP message number, is provided below. The messages are available by searching for the listed CBP message number at CBP's ADCVD Search page.
U.S. Trade Representative Katherine Tai said that after her first visit to Brazil, she was struck by "a lot of synergies between the United States and Brazil." She said it also got her "thinking about ourselves as the product of an earlier version of globalization -- the colonial/imperial project."
Canadian Trade Minister Mary Ng said that Canada and its partners in NAFTA 2.0 will not be caught unawares when it's time for the sunset review in 2026. She said that she and her counterparts in Mexico and the U.S. will be taking stock of how the agreement is working in July.
Almost five months have passed since the U.S. learned it lost its case under USMCA, and that, in order to be faithful to what it negotiated, it must allow automotive producers to use roll-up methodologies to meet regional content thresholds for core parts. The U.S. was supposed to resolve the dispute within 45 days, but has not done so.
A listing of recent Commerce Department antidumping and countervailing duty messages posted to CBP's website April 28, along with the case number(s) and CBP message number, is provided below. The messages are available by searching for the listed CBP message number at CBP's ADCVD Search page.