CBP is focused on enforcement. And currently targeting steel & aluminum importers. Listen for more on Two Minutes in Trade. 

Secretary of Commerce Howard Lutnick announced on July 14 that a new tariff on fresh tomato imports from Mexico will be imposed as soon as the US-Mexico tomato suspension agreement lapses.  For more information, listen to today's Two Minutes in Trade.  

Russia and secondary countries may face 100% tariffs if no peace in the Ukraine within 50 days. Listen for more on Two Minutes in Trade. 

The goal of the bill, "Promoting Resilient Supply Chains Act would be to implement a strategy to improve the security and resiliency of manufacturing capacity and supply chains for critical industries and emerging technologies.  For more information regarding this bill, listen to today's Two Minutes in Trade.  

No more pretending. Brazil and Sri Lanka get their tariff letters, but the US had a trade surplus with Brazil. Listen for more on Two Minutes in Trade. 

Six more countries received reciprocal tariff letters today, and the court case is moving forward. Listen for more on Two Minutes in Trade. 

Reciprocal tariffs for all countries remain at 10% until August 1; however, copper may be subject to a 50% tariff. Listen for more on Two Minutes in Trade. 

Lots of letters were sent today as 14 countries learn their fate of the reciprocal tariffs, which won’t go into effect until August 1. Listen for more on Two Minutes in Trade. 

A recent federal court decision upheld a $26 million penalty on an importer for avoiding antidumping duties and highlighted how competitors can use the False Claims Act to target customs fraud.

#TMIT US and VietNam reach an agreement to avoid a 46% tariff on 7/9 but details are scant. Listen for more info on Two Minutes In Trade.