Two Minutes in Trade

Although Congressional chambers will be divided in 118th, both parties and chambers appear United in targeting China. Listen for more on today’s Two Minutes In Trade.

Russia loses its market economy status for anti dumping duty investigations. Listen for more on today’s Two Minutes In Trade.

CBP Commissioner Chris Magnus announced his resignation this week reportedly due to issues in handling immigration flows at the border. But is the agency’s extremely complex and broad mission at the heart of the challenge?

The CESRC recommended Congress consider revoking China’s PNTR status and about 40 other actions. Listen for more on today’s Two Minutes In Trade.

Are we headed for more section 301 tariffs on trading partners because of digital services taxes? Listen for more on today’s Two Minutes In Trade.

Get your comments in now!  USTR opened the window for submitting comments on the Section 301 tariffs on Chinese goods today through January 17, 2023. Listen for more info on today’s Two Minutes In Trade.

In two recent decisions, the CIT found importers were authorized under Washington State law to import certain paraphernalia. In doing so, the CIT has brought much needed clarity to what is required to trigger the Section 863 exemption on the statute’s prohibition of importation of drug paraphernalia.

The Customs Broker Modernization Regulations now will require customs brokers to execute POAs directly with the importer or drawback claimant. To ensure compliance, it’s necessary to identify and reissue POAs executed by the freight forwarder or other third parties.

Will the Biden Administration execute its promised pivot from domestic investment to negotiation of international trade deals? Or will it continue conversations about frameworks and refuse to commit to bilateral or multilateral trade promotion agreements? The impetus for trade engagement may be pushed from without instead of inspired from within.

Trade outlook post midterm elections with a likely Republican House, trade may become one issue that both parties could agree on.  For more information listen to Today's Listen to today's Two Minutes in Trade.