George Bogden, the executive director of CBP's Office of Trade Relations, is no longer employed at the agency, the administration said April 24.
CBP published more details of how it will collect duties or fees on imported packages worth less than $800 with Chinese goods in the public inspection pages of the Federal Register on April 24.
World Trade Organization Director-General Ngozi Okonjo-Iweala told former U.S. Trade Representative Michael Froman that she had a meeting with USTR Jamieson Greer "yesterday that was a little bit comforting," but that the current 10% U.S. tariff on most countries, plus 25% tariffs on cars, steel and aluminum and some products from Canada and Mexico, and 145% tariffs on Chinese imports, if it lasts, will result in global merchandise trade falling by 0.2%. Before the actions, the WTO forecast a 2.7% growth in goods trade this year.
Comments from President Donald Trump and from a private talk by Treasury Secretary Scott Bessent on April 22 gave importers hope that the triple-digit tariffs on Chinese imports will drop soon. But Bessent, speaking to Bloomberg after a speech on April 23 at the Institute of International Finance, said there is no plan for the U.S. to drop its tariffs unilaterally, and that there is no timeline for engagement with China.
A Section 232 investigation on the national security threat posed by the import of medium- and heavy-duty trucks and their parts will collect comments for three weeks, through May 16.
The Commerce Department quietly launched an investigation into the national security threat of the import of trucks of gross weight of more than 10,000 pounds and components and systems for medium- and heavy-duty trucks, including engines and engine parts, transmissions and powertrain parts, as well as electrical components.
A former staffer in the Office of the U.S. Trade Representative during President Donald Trump's first term and a Harvard professor agreed on very little in a debate hosted by The Federalist Society on Trump's tariffs and trade policy.
President Donald Trump thinks that by applying a 25% tariff to auto part imports, domestic parts companies will thrive. But 77% of the nearly 1,000 auto supplier companies that belong to MEMA are pessimistic about the next year for their businesses -- and 55% said that government trade policy is the No. 1 threat to financial health.
President Donald Trump criticized business officials who have said his tariffs actions are damaging, bragged about countries and executives asking for breaks, and made a list of non-tariff cheating he wants countries to end, all on social media over the weekend.
Vice President JD Vance issued a statement that said he and Indian Prime Minister Narendra Modi "welcomed significant progress in the negotiations for a U.S.-India Bilateral Trade Agreement (BTA) and formally announced the finalization of the Terms of Reference for the negotiations, laying down a roadmap for further discussions about our shared economic priorities."