Government lawyers fight trade judge’s order to refund importers for tariffs
“The majority of tariff refunds have already been paid out. CBP has already processed and certified $100 billion in refunds. At issue are companies that paid tariffs that went through the customs process and entries were finalized.”
[Associated Press]
Canada discussing trade concessions with U.S. in return for some tariff relief
“At the centre of the proposals is a swap: Canada would concede on a range of trade issues that the U.S. considers the biggest bilateral trade irritants, including the removal of retaliatory tariffs on U.S. products such as autos; the return of American alcohol to shelves; removing provincial procurement restrictions; and agreeing to Washington’s interpretation of how dairy quotas should be allocated. One of the sources said the U.S. has a priority list of around 10 items it wants dealt with. In return, the U.S. would lower sectoral levies, known as Section 232 tariffs, on steel and aluminum, with Ottawa also pushing for relief on autos and forest products.”
[The Globe and Mail]
China targets U.S. firms and drone exports after FCC, Xinjiang actions
“The steps mark the latest escalation in U.S.-China trade and technology tensions, with Washington tightening restrictions on Chinese access to U.S. technology and markets, and Beijing responding with export curbs and sanctions on selected U.S. entities.”
[Reuters]
India, Southern African customs bloc revive trade pact talks
“India is expected to seek duty concessions for automobiles and auto parts, pharmaceuticals, machinery, electrical equipment, chemicals and textiles, trade officials and industry representatives said. New Delhi is also seeking more reliable access to SACU supplies of critical minerals, including platinum-group metals, manganese and copper, which are important for manufacturing, batteries and clean energy technologies.”
[Reuters]
Burma updates import/export procedures
“The notification establishes a clearer penalty system based on the assessed value of goods and allows authorities to confiscate goods for serious violations. The regulation strengthens enforcement against advance shipments without import licenses, expired licenses, inaccurate declarations, and inconsistencies between licensed and imported goods. Importers must provide complete and accurate information on product details, including quantity, value, brand, country of origin, and specifications. These changes increase compliance requirements and management responsibilities for importers.”
[U.S. Department of Agriculture]
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