📰 Tariff Newsletter
Latest news and updates on US trade tariffs and import regulations.
Ambassador Jamieson Greer Issues Statement on the European Union's Announced Retaliatory Tariffs
On March 12, 2025, Ambassador Jamieson Greer issued a formal statement addressing the European Union's (EU) announced retaliatory tariffs. This development signals a significant point in transatlantic trade relations, indicating a potential escalation of trade disputes between the United States and the EU. The statement from Ambassador Greer, while not detailing the specifics of the EU's proposed actions, underscores…
As Tariffs Increase, So Too May the Use of False Claims Actions to Pursue Customs Fraud - WilmerHale
The landscape of international trade compliance is becoming increasingly complex, particularly with the imposition of significant tariffs, such as the Section 301 tariffs on goods from China and Section 232 tariffs on steel and aluminum. These elevated duties, while intended to protect domestic industries, also create a strong incentive for some companies to engage in fraudulent practices to avoid paying the higher c…
Public Hearing Regarding Section 301 Investigation on China’s Acts, Policies, and Practices Related to Targeting of the Semiconductor Industry for Dominance
The United States Trade Representative (USTR) has announced a public hearing regarding a Section 301 investigation into China's acts, policies, and practices related to its semiconductor industry. This announcement, dated March 7, 2025 , signals a continued focus on trade practices deemed unfair by the U.S. government, specifically concerning China's ambition for dominance in the global semiconductor market. The Sect…
'Tariff war, a trade war or any other type of war' — China says it's ready to fight U.S. until the end - CNBC
The trade landscape between the United States and China has seen a significant escalation, with China's Commerce Ministry declaring its readiness to "fight to the end" if the U.S. continues to intensify trade tensions. This strong statement comes in response to President Joe Biden's recent announcement on May 14 of new and substantially increased tariffs on a wide array of Chinese imports. The White House justified t…
Trump’s trade war draws swift retaliation with new tariffs from Mexico, Canada and China - AP News
A recent development in the ongoing trade landscape indicates that the "trade war" initiated by the Trump administration has drawn "swift retaliation" from key global trading partners. Mexico, Canada, and China have reportedly implemented new tariffs in response to earlier U.S. trade actions. This escalation signifies a deepening of international trade tensions, potentially impacting a wide range of goods and industr…
U.S. Senate Confirms Jamieson Greer as United States Trade Representative
On February 26, 2025 , the U.S. Senate officially confirmed Jamieson Greer as the new United States Trade Representative (USTR). This significant appointment fills a critical leadership role in shaping and executing the nation's international trade policy. The United States Trade Representative is responsible for developing and coordinating U.S. international trade, commodity, and direct investment policy, and overse…
USTR Seeks Public Comment on Proposed Actions in Section 301 Investigation of China’s Targeting of the Maritime, Logistics, and Shipbuilding Sectors for Dominance
The Office of the United States Trade Representative (USTR) announced on February 21, 2025 , that it is seeking public comment on proposed actions stemming from its ongoing Section 301 investigation into China's practices concerning the maritime, logistics, and shipbuilding sectors. This development signals a potential escalation in trade measures as the U.S. government addresses what it views as China's efforts to d…
USTR Seeks Comment from the Public on Unfair and Non-Reciprocal Foreign Trade Practices
On February 20, 2025 , the Office of the United States Trade Representative (USTR) announced its intention to solicit public comments regarding foreign trade practices deemed unfair and non-reciprocal. This move indicates a proactive stance by the USTR to gather firsthand information and perspectives from the public concerning international trade practices that may disadvantage U.S. businesses and workers or create a…
Are value-added taxes a barrier to trade? - ICC - ICC | International Chamber of Commerce
The International Chamber of Commerce (ICC) recently published an article on February 19, 2025, titled "Are value-added taxes a barrier to trade?" This publication signals an ongoing discussion or inquiry by the ICC into the impact of Value-Added Taxes (VATs) on international commerce. While the article's full content is not detailed in the provided summary, the title itself poses a critical question for the global t…
Who Pays Tariffs? Americans Will Bear the Costs of the Next Trade War - Tax Foundation
On February 19, 2025 , the Tax Foundation published an article titled "Who Pays Tariffs? Americans Will Bear the Costs of the Next Trade War." The piece serves as a forward-looking analysis, asserting that the financial burden of any future trade conflicts, specifically through the imposition of tariffs, will ultimately fall on American consumers and businesses. This perspective is crucial for importers, customs brok…