The landscape for recovering tariffs paid under the International Emergency Economic Powers Act (IEEPA) has shifted again, following a new move by the Court of International Trade (CIT). CIT Judge Eaton has issued a revised order on March 27. The updated language suggests that even entries that have been “finally liquidated” should be reliquidated to remove the IEEPA duties. While […]
On November 29 the United States Department of Commerce (“Commerce”) announced preliminary duties on solar cells manufactured in Malaysia, Thailand, Cambodia, and Vietnam. This comes as determined that manufacturers in these countries are selling solar cells for less than fair market value, and/or are benefitting from government subsidies that harm U.S. domestic producers. Companies participating in the antidumping and countervailing […]
This weekend President-Elect Donald Trump threatened a 100% tariff on BRICS countries. This is in response to an initiative by the nine member international organization to replace the U.S. Dollar (USD) as the global reserve currency, possibly by the establishment of a new currency.BRICS, formerly an organization of Brazil, Russia, India, China, and South Africa, was formed to advance the […]
This morning President-Elect Trump announced his long awaited pick for United States Trade Representative (“USTR”): Jamieson Greer. Mr. Greer is a familiar face, having served as the Chief of Staff to USTR Robert Lighthizer during the first Trump Administration. He is currently an attorney at the Washington D.C. law firm King & Spalding, where he handles a variety of trade-related […]
On November 25, 2024 President Elect Donald Trump promised an executive order on his first day in office which would impose a 25% tariff on all goods imported from Mexico and Canada. He also heralded an additional 10% tariff above all other tariffs for China. The economic implications of this are significant, as the executive order would impose a tax […]
Finally some news out of the U.S. Court of Appeals for the Federal Circuit regarding the Section 301 appeal! The oral argument in the case, HMTX Industries LLC v. US, has been scheduled for January 8, 2025, in Washington, D.C. Although this is a good sign that the case is moving forward, final disposition of the case will most likely take […]
Based on the examples discussed in previous blogs, we can now start to flesh out what tariff changes may look like under the incoming Trump Administration. TIMELINE GOING FORWARD First things first, the President-Elect will take office on January 20, 2025. Because the appointed USTR must be confirmed by the Senate, the appointment process will be the first significant […]