📰 Tariff Newsletter
Latest news and updates on US trade tariffs and import regulations.
USTR Releases Summaries from U.S. – Kenya Strategic Trade and Investment Partnership Negotiations
On May 31, 2024, the Office of the United States Trade Representative (USTR) announced the release of summaries pertaining to the ongoing U.S. – Kenya Strategic Trade and Investment Partnership (STIP) negotiations. This development provides stakeholders with a glimpse into the discussions aimed at fostering closer economic ties and enhancing trade and investment opportunities between the two nations. The STIP framewo…
United States Announces Successful Resolution of Rapid Response Labor Mechanism Matter to Restore Workers’ Rights at Minera Tizapa Facility
On May 30, 2024, the United States announced the successful resolution of a Rapid Response Labor Mechanism (RRLM) matter concerning the Minera Tizapa Facility. This resolution marks a significant development in efforts to uphold and restore workers' rights, underscoring the ongoing commitment to fair labor practices within trade relationships. The primary focus of this Rapid Response Labor Mechanism matter was the re…
Ambassador McKalip to Travel to Singapore for Bilateral Meetings, U.S. Agricultural Stakeholder Engagement and Indo-Pacific Economic Framework (IPEF) Meetings
Ambassador Doug McKalip, the Chief Agricultural Negotiator for the Office of the United States Trade Representative (USTR), is set to travel to Singapore. This visit, announced on May 30, 2024, is focused on a series of important engagements, including bilateral meetings, discussions with U.S. agricultural stakeholders, and meetings related to the Indo-Pacific Economic Framework (IPEF). The Ambassador's itinerary inc…
Readout of United States Trade Representative Katherine Tai’s Call with Lithuania’s Minister of Foreign Affairs Gabrielius Landsbergis
On May 30, 2024 , United States Trade Representative (USTR) Katherine Tai held a call with Lithuania’s Minister of Foreign Affairs Gabrielius Landsbergis. The discussion centered on reinforcing the bilateral trade and investment relationship between the United States and Lithuania. This high-level engagement highlights the ongoing commitment of both nations to fostering robust economic ties and addressing challenges …
United States Announces Successful Resolution of Rapid Response Mechanism Labor Matter at Servicios Industriales González, S.A. de C.V.
The United States Trade Representative (USTR) announced on May 30, 2024 , the successful resolution of a Rapid Response Mechanism (RRM) labor matter concerning Servicios Industriales González, S.A. de C.V. This announcement signifies the conclusion of a specific case brought under the labor enforcement provisions of the United States-Mexico-Canada Agreement (USMCA). The Rapid Response Mechanism is a critical tool wit…
Separating Tariff Facts from Tariff Fictions - Cato Institute
On April 16, 2024 , the Cato Institute published an article titled "Separating Tariff Facts from Tariff Fictions." This publication signals a timely effort to clarify common misunderstandings and provide a factual basis for discussions surrounding tariffs, a topic of perennial importance for the international trade community. For importers, customs brokers, and trade compliance officers, distinguishing between accura…
US-China Trade War Tariffs: An Up-to-Date Chart - Peterson Institute for International Economics
The landscape of international trade, particularly concerning the United States and China, remains complex and subject to ongoing changes due to the lingering effects of the trade war tariffs. For importers, customs brokers, and trade compliance officers, staying abreast of these dynamic duties is not just good practice—it's essential for operational continuity and financial planning. Recognizing this critical need, …
Tariff of Abominations Redux: Trump Proposes 60% Tariff on Chinese Goods - Tax Foundation
Former President Donald Trump has recently proposed a significant increase in tariffs on goods imported from China, suggesting a blanket 60% tariff across the board. This proposal has been framed by the Tax Foundation as a "Tariff of Abominations Redux," drawing a historical parallel to the controversial 1828 tariff that had substantial economic and political ramifications. Should such a proposal be enacted, its impl…
The ‘bystander effect’ of the US-China trade war - CEPR
The US-China trade war, initiated in 2018, had far-reaching consequences that extended well beyond the two primary nations involved. A study from the Centre for Economic Policy Research (CEPR) highlights what it terms the "bystander effect," where third-party countries were significantly impacted by both trade diversion and broader trade disruptions. This analysis, covering the period of 2018-2019, reveals how global…