Two Minutes in Trade

When the law doesn't quite fit-just change the definition. A new CEA report argues for a BOP definition met by measuring the current account balance only. Listen for more on Two Minutes in Trade. 

The CIT has provided a path for refunds of liquidated IEEPA entries – you just need to be in court for your turn.

The CIT has provided a path for refunds of liquidated IEEPA entries – you just need to be in court for your turn.

#TMIT EU's forced labor portal is open and the risks are real. New laws effective soon means prepping now. Listen for more on Two Minutes In Trade. 

With key Section 301 decisions approaching, importers face three important dates: the July 15 Brazil 301 decision deadline, July 16 follow-on comments in the Forced Labor 301 investigation, and July 27 rebuttal comments for the proposed U.S.-China Board of Trade.

#TMIT - Deadlines?  We don't meet no stinking deadlines! Section 232 actions well after due dates continue to confound traders with jet engines being the latest. Listen for more on Two Minutes In Trade. 

The "coal" hard facts do not justify an action 232 investigation on national security grounds. Listen to Two Minutes in Trade for more info. 

Two days of USTR hearings proved that a Section 301 case can be about everything from beef and coffee to vermiculite and digital trade—but the fireworks started when U.S. and Brazilian cattle interests squared off, and Flávio Bolsonaro turned a tariff hearing into a preview of Brazil's next presidential campaign.

Reports of the USMCA's death are greatly exaggerated. The agreement carries on for at least 10 more years. Listen for more on Two Minutes in Trade. 

An uncommon thread of agreement among textile and apparel associations in Section 301 labor comments. Listen for more on Two Minutes in Trade 

From the Boston Tea Party to the tariffs of today – our country's 250 years of trade policy have generated quite a bit of fireworks!

The US, Canada and Mexico are meeting today to decide the future of North American trade, yet nobody seems entirely sure what decisions—if any—are actually on the agenda. Everyone is waiting for white smoke, except the smoke may turn out to be a press release announcing another meeting.

CAPE refunds: The yellow card is out - don't get a red card and miss out on all entitled refunds. Listen to Two Minutes in Trade for more. 

Don't let a dormant IOR put your goods offsides! CBP purging IOR rolls for inactive IORs. Listen for more on Two Minutes in Trade. 

CBP is testing a new Type 13 postal entry for low-value shipments amid ongoing de minimis litigation. For more information, listen to Today's Two Minutes in Trade. 

There is renewed attention on import‑related False Claims Act risks, driven by Administration priorities and higher potential recoveries from increased duty rates. Because FCA actions are often initiated by whistleblowers, they can trigger burdensome investigations and substantial penalties.  For more information, listen to today's Two Minutes in Trade.  

In proposing blanket, country-based tariffs, USTR risks ignoring or even undermining years of investment by the U.S. private sector to secure its supply chains against forced labor worldwide.  For more information on this issue, listen to today's TMIT.  

The real World Cup matchup is between CBP and Counterfeiters. Real games but fake goods can dampen fans' enthusiasm. Listen for more on Two Minutes in Trade. 

USTR is writing prescriptions for pressure with the launch of a new Section 301 investigation into Germany's drug pricing system. Listen for more on Two Minutes in Trade. 

From tires to copper - Serbia's WRO problem escalates. Listen for more on Two Minutes in Trade. 

Have you got your ACE in the hole?  CBP released some automation updates for account access for traders. Listen for more on Two Minutes In Trade. 

The window is closing for the Section 301 comment periods for Forced Labor, Vietnam, Brazil, and U.S.-China tariffs. Now is the time to speak up!

That new 79-page forced labor guidance issued by CBP? Looks like a warning, and you need to be ready. Listen for more on Two Minutes in Trade. 

Your Section 301 refund is not in the mail. SCOTUS declines to take up the HMTX v. US case. Listen for more on Two Minutes in Trade. 

President Trump's comments raised questions about the USMCA's future, but the agreement's upcoming six-year review is distinct from termination and may be more about negotiating leverage than about an imminent withdrawal.  For more information, listen to today's Two Minutes in Trade.  

No dilly-dallying around if you want reduced sutures on your drugs. Applications to lower 100% tariffs are due tomorrow. Listen for more on Two Minutes in Trade. 

Mandatory CPSC efiling begins July 8th. While there are no new rules associated with this deadline, the requirement that certificates be filed electronically may prove challenging for importers who not have the proper information - or visibility into their supply chains - to compile and issue certificates of conformity. 

Congress is short on time but long on its chore list. What bills might be addressed before the election?  Listen for more on Two Minutes in Trade.

Will the new "US-China Board of Trade" be a new framework or the same-old, same-old?  Listen for more on Two Minutes in Trade. 

The President's Enforcement E.O. will treat importing more like a privilege than a right, with enhanced vetting, disclosure, and bonding requirements.  When and how will it be implemented -- and what should companies do now?

Read the fine print. Adjustments to steel/aluminum/copper Section 232 tariffs mean you might get a lower rate. Listen to Two Minutes in Trade for more. 

The hits keep coming!  USTR advances new tariff action on Brazil, 60 economies, and China. Listen for more on Two Minutes in Trade. 

I leave for 1 wedding, and USTR launches  2 Section 301 investigations. Vietnam IPR is open for comments. Listen for more on Two Minutes in Trade. 

The Department of Justice has threatened to appeal Judge Eaton's order requiring refunds even for entries that are finally liquidated, and the request for CBP Commissioner Scott to appear before the court. A legal fight regarding finally liquidating entries is likely to ensue.

The Mexican government recently issued separate regulations aimed at further modernizing and improving Mexico's foreign trade, foreign investment, and sanitary procedures.

This week the United States and Mexico begin formal talks leading up to the formal joint USMCA review in July. USTR signals that tariffs will remain in place as long as the US continues to run a trade deficit with its North American partners.

It's not all about goods - US and Sweden sign broad framework agreement. Listen for more on Two Minutes in Trade. 

Shine a light on it. The new bill will require releasing 232 reports and the rationale for tariffs. Listen for more on Two Minutes in Trade. 

Have you seen the uptick in CBP's importer vetting to establish right to make entry? Here's why we think it's happening and what you could expect.

Turnberry Trade Agreement terms advanced by the EU-but there's some off ramps. Listen for more on Two Minutes in Trade. 

Tariff court challenge 2.0:  same fight, new statute. Listen for details on the section 122 challenge on Two Minutes in Trade. 

Congress is putting the brakes on connected cars, and the bill might have enough gas to be implemented.  Listen for more on Two Minutes in Trade. 

Duty calls at the Supreme Court as the original case against the Section 301 tariffs on List 3 and 4a awaits a hearing. Listen for more on Two Minutes in Trade. 

CBP says it has processed 8.3 million IEEPA refund entries and paid $35.46 billion so far.  For more information, listen to today's Two Minutes in Trade.  

An adjustment in name, an exclusion in practice. Pharmaceuticals may get a break from 100% tariffs. Learn how in Two Minutes in Trade. 

Straight from the Strait of Hormuz to your closet-continued pressure and tariffs keep prices rising. Listen for more on Two Minutes in Trade. 

Congress is looking at Section 232 tariffs on the auto sector, but will they give it a tune-up or a complete rebuild?  Listen for more on Two Minutes In Trade. 

In a 2-1 decision the CIT has ruled the section 122 tariffs unlawful. Here's what importers should be thinking about for a possible round-two of refunds in light of an almost certain appeal.

Speak now or forever hold your peace. USTR seeks input on its review of the necessity for the China Section 301 tariffs on goods in Lists 1 and 2. Listen for more on Two Minutes in Trade. 

Vietnam is getting Priority Status - but it's not the benefit you might think. Listen for more on Two Minutes in Trade