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“I think it shows they’re embarrassed to make public what the report actually says.”
Year-to-date, the overall gap has “increased $24.8 billion, or 5.4 percent, from the same period in 2018.”
The publication of regulations crafted to implement a May executive order on protecting the U.S. information and communications technology supply chain is being delayed in part because of ongoing trade negotiations between the U.S. and China, according to industry sources.
Citing negotiations with foreign auto companies, Commerce Secretary Wilbur Ross on Sunday said he hopes those talks will “bear enough fruit” so the U.S. does not have to put potential Section 232 measures “fully into effect.”
The department says it will “take action” but offers no details.
An “unofficial appeals process” and other issues in a product-exclusion process set up for Section 232 tariffs “contributes to the appearance of improper influence,” the Commerce Department’s Inspector General said in a memo released this week.
The Commerce Department’s Bureau of Industry and Security hopes to issue an advance notice of proposed rulemaking on export controls for foundational technologies by the end of the calendar year, and regulations on emerging technologies “shortly,” a BIS official said on Tuesday.
“This case presents a stunning example of corporations taking advantage of the current trade hysteria.”
A compromise bill crafted to restrict the president’s authority under Section 232 of the Trade Expansion Act of 1962 likely will be marked up in November by the Senate Finance Committee, Chairman Chuck Grassley (R-IA) said on Tuesday.
In response to inquiries from Rep. Jackie Walorski (R-IN), Commerce Secretary Wilbur Ross is rebutting claims that the agency has neglected to provide sufficient information about its tariff-exclusion process for steel and aluminum products.
The U.S. International Trade Commission on Thursday pressed U.S. tomato growers and their lawyers on their contention that imports of fresh tomatoes from Mexico have caused significant injury.
The rule was called for in an executive order issued in May, just days after trade talks with China broke down.
The Court of International Trade has ruled that Commerce Department must “vacate” 2017 sugar suspension agreements with Mexico due to its failure to properly record its communications with outside parties during the negotiations.
“And it actually, in some ways, could be better for us and the UK in that then Europe would have to deal with the combination of U.S. and UK. So it’s not such a bed of roses for Europe to have a hard Brexit.”
The U.S. Commerce Department has resumed an antidumping investigation into fresh tomatoes from Mexico at the request of some U.S. tomato producers despite a new suspension agreement signed last month by Commerce and Mexican growers.