Two Minutes in Trade

All eyes on trade!  Recent DOJ indictment demonstrates many agencies watching trade fraud. Listen for more info on Two Minutes in Trade. 

Day 1 of the shutdown and CBP says they are operating at normal levels. PGAs required at ports may be impacted. Listen for more on Two Minutes in Trade.

It's Tariff Tuesday!  AGOA and Haiti HOPE/HELP programs expire and new section 232 tariffs on lumber, upholstered furniture, kitchen cabinets and vanities announced. Listen for more on Two Minutes in Trade. 

USITC plans to update the USHTS and is accepting comments. Listen for more on Two Minutes in Trade. 

The CAFC has ruled that the list 3 and 4A section 301 tariffs are legal. What might the decision mean for future trade policy?

PPE and medical products, robots, and machinery are now under Section 232 investigations. Listen for more on Two Minutes in Trade. 

IEEPA and section 232 tariffs will not apply to certain EU goods retroactive to August 1st or September 1st. Listen for details on Two Minutes in Trade. 

INFORM Act requires reporting/complaints for e-commerce sales and will assess penalties. Listen for more on Two Minutes in Trade.   

#TMIT Two Minutes In Trade: The “Reverse Robinhood” and the Unequal Impact of Tariffs

#TMIT Tariffs are starting to chafe.  Senate to vote on a resolution ending the emergency under IEEPA for Canada. Listen for more on Two Minutes In Trade. 

#TMIT Congress again delays asserting its Congressional authority over tariffs delaying IEEPA tariff emergency cancelation consideration to March 31, 2026. Listen for more on Two Minutes In Trade. 

Details on Japan Agreement, additions to steel/aluminum and auto parts, comments on 301 exclusions; on USMCA review and NTE review. Listen for more on Two Minutes In Trade. 

#TMIT Mexico jumps into the game of increasing tariffs. Listen for more on Two Minutes In Trade. 

Two Minutes In Trade: Legislation Could Expand Mexico's Tariff Toolbox #TMIT Mexico jumps into the game of increasing tariffs. Listen for more on Two Minutes In Trade. 

Two Minutes In Trade: Court-Side Influence: The Power of Amicus

#TMIT Mexico jumps into the game of increasing tariffs. Listen for more on Two Minutes In Trade. 

Taking affirmative action now to preserve the right for potential IEEPA tariff refunds is essential. Listen to Two Minutes in Trade for details. 

Tariff boon coming soon?  Supreme Court agrees to speedy quick review of IEEPA challenge. Listen for more on Two Minutes in Trade. 

Devilish Details released on tariff agreements, exempting some products. Listen for more on Two Minutes in Trade. 

The Executive Order imposes tariffs on most Japanese goods, modifies auto tariffs to a similar structure, exempts certain products, and permits future adjustments based on Japan's compliance.  For more details, listen to today's Two Minutes on Trade.  

Although US buyers can encounter financial and operational risks with the DDP term, today's episode discusses potential legal risks with DDP usage. Listen for more on Two Minutes in Trade.

Refunds of IEEPA tariffs may be possible if the Supreme Court upholds the CIT and CAFC decisions striking down the Administrations use of IEEPA authority to issue tariffs, but only for those companies who take steps to preserve their rights. Listen to today's episode to learn more and visit: https://www.strtrade.com/trade-news-resources/str-trade-report/trade-report/august/importers-should-act-quickly-to-preserve-rights-to-potential-tariff-refunds

The White House has authorized the export of some AI processors to China, conditioned on a 15% sales revenue share with the U.S. government. Trade-compliance teams will need to monitor evolving licensing conditions, reporting requirements, and potential legal challenges to this novel arrangement.

The appellate court rules that the President didn't have the authority to order the IEEPA tariffs -- but tariff collection can continue. So, where does this leave importers and what can we expect next?

De minimis is scheduled to sunset on August 29, but the death of the program has left post shipments to the U.S. largely on hold and created a new de miniMESS. For more information, listen to today's Two Minutes in Trade.  

India gets burned by Russian oil imports as additional tariffs are applied. Listen for more on Two Minutes in Trade. 

Tariff authority “couched” in terms of a national security threat…on furniture?  Listen for more on Two Minutes in Trade. 

There may be some angels in the details released today on the US-EU tariff agreement. Listen for more on Two Minutes in Trade. 

DOE will continue program funding to expand domestic critical mineral resources. Listen for more on Two Minutes in Trade. 

UFLPA refocuses as DHS releases updated report with new entities and new target enforcement sectors. Listen for more on Two Minutes in Trade. 

Yogurts could now be subject to the 50% steel and aluminum 232 tariffs. Hundreds of new derivative products added. Listen for more on Two Minutes in Trade. 

It's fair to ask whether we're in the middle of a “trademic,” and if so how we can get out of it. Some recent events may foreshadow the necessary antidote.

Port of LA/LB is experiencing yo-yo container traffic following the yo-yo of tariffs. Listen for more on Two Minutes in Trade. 

24-hour jail time for de minimis packages exceeding the $800 per person per day limit. Listen for more on Two Minutes in Trade. 

Is the strength of the U.S. dollar a big contributor to the U.S. deficits?  Listen for more on Two Minutes in Trade. 

China IEEPA Reciprocal tariffs to remain at 10% until November 10. Listen for more on Two Minutes in Trade. 

The President has issued a new Executive Order under the International Emergency Economic Powers Act (IEEPA) to impose an additional 25% tariff on Indian-origin goods imported into the U.S., citing India's continued importation of Russian oil as a national security concern linked to the war in Ukraine.

Tariffs went up for many countries today, but will China remain at 10% for another 90 days?  Listen for more on Two Minutes in Trade. 

Tariffs on auto inputs of 50% put US car makers at a disadvantage vis-a-vis imported finished cars with lower tariffs of 15/10%. Listen for more on Two Minutes in Trade. 

Nursing a Tariff Hangover?  Investors/investment are paralyzed in the current uncertainty. Listen for more on Two Minutes in Trade. 

As promised, the Administration has announced a wide range of tariffs for our trading partners. While some countries faired quite well -- quite the contrary for others. Listen in for some of the highlights.

Meanwhile…the CAFC held oral arguments in two cases challenging the legality of the IEEPA reciprocal tariffs. Listen for more on Two Minutes in Trade. 

Executive Orders and a Presidential Proclamation issued today impacting Brazil, de minimis, and copper. Listen for more on Two Minutes in Trade. 

The Administration has announced several new tariff rates effective August 1. Still, it has yet to make official modifications to the country-specific rates announced in April, set to kick in on that date. Listen for more on Two Minutes in Trade. 

The new AI regime has the potential to revitalize America's tech war with China, including by restricting the spread of advanced AI chips, with implications for the development of quantum computing, semiconductor manufacturing, and weaponry. Listen for more on Two Minutes in Trade.

The United States has officially lifted most economic sanctions on Syria, delisting over 500 entities from the OFAC SDN list and ending a 20-year national emergency. However, targeted sanctions, export controls, and Syria's designation as a State Sponsor of Terrorism remain in effect, requiring continued vigilance from compliance teams.  

As a U.S. importer, is switching to DDP with your foreign seller to reduce duties right for your company? Listen for more on Two Minutes in Trade. 

August 1st tariffs on small countries need to be reconsidered - look at Fiji and Lesotho as reasons why. Listen for more on Two Minutes in Trade. 

CBP just announced that now all FDA-regulated products must be submitted with appropriate data sets regardless of de minimis value. With increased global reciprocal tariffs potentially around the corner, could this signal a broader de minimis prohibition?

Electric batteries are expected to see a hike in production costs, as Commerce has found China dumping active anode material in the US. Listen for more on Two Minutes in Trade.    The $200% Problem: Batteries, Graphite, and Global Power Plays