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Two Minutes in Trade - Auld Lang Syne - Happy New Tariff Year!

Two Minutes in Trade

Release Date: 01/05/2025

Two Minutes in Trade - No New Tariffs on Day 1 of the Trump Administration show art Two Minutes in Trade - No New Tariffs on Day 1 of the Trump Administration

Two Minutes in Trade

Trump issued a memorandum on Trade Policy that could see many more tariffs, possible new trade agreements, and currency manipulation, but no immediate tariffs. Listen for more on Two Minutes in Trade. 

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Two Minutes in Trade - De Minimis Finally Unveiled show art Two Minutes in Trade - De Minimis Finally Unveiled

Two Minutes in Trade

CBP has issued its highly anticipated proposed rulemaking that would make a majority of products from Chinese e-marketplaces ineligible for duty free de minimis treatment. But, how might it play out?

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Two Minutes in Trade - A New 3-Tier Export Control System for A.I. Chips show art Two Minutes in Trade - A New 3-Tier Export Control System for A.I. Chips

Two Minutes in Trade

A new interim rule on export controls for AI chips opens a 120-day comment period. Listen to Two Minutes in Trade for more. 

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Two Minutes in Trade - UFLPA List Soars to 144 show art Two Minutes in Trade - UFLPA List Soars to 144

Two Minutes in Trade

DHS and FLETF add 37 new entities to UFLPA list that impact the solar industry, textiles and apparel and many extracted metals. Listen for more on Two Minutes in Trade. 

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Two Minutes in Trade - Buyers Beware! USTR’s Release's Notorious Markets Report show art Two Minutes in Trade - Buyers Beware! USTR’s Release's Notorious Markets Report

Two Minutes in Trade

USTR’s Notorious Markets report includes info on illicit online pharmacies. Listen for more info on Two Minutes in Trade. 

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Two Minutes in Trade - CBP Proposes Overhaul for De Minimis Regulations show art Two Minutes in Trade - CBP Proposes Overhaul for De Minimis Regulations

Two Minutes in Trade

CBP is proposing to make a number of amendments to its regulations on low-value, or de minimis, import shipments, and importers will find that some of the potential changes look familiar.  

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Two Minutes in Trade - May It Please the Court: The CAFC Hears Oral Arguments on the China Section 301 Cases show art Two Minutes in Trade - May It Please the Court: The CAFC Hears Oral Arguments on the China Section 301 Cases

Two Minutes in Trade

Court of Appeals for the Federal Circuit (CAFC) heard oral arguments on the appeal for the Section 301 cases, where Plaintiffs are challenging the Court of International Trade’s (CIT) decision. Listen to today's Two Minutes in Trade for more information on this court case.  

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Two Minutes in Trade - Commenting on the Code, The HTS Code!  show art Two Minutes in Trade - Commenting on the Code, The HTS Code!

Two Minutes in Trade

Now is your chance to offer improvements to the Harmonized Tariff Schedule. Listen for details on Two Minutes in Trade. 

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Two Minutes in Trade - Companies Need to Prepare for the 6 Year USMCA Review Starting July 2025 show art Two Minutes in Trade - Companies Need to Prepare for the 6 Year USMCA Review Starting July 2025

Two Minutes in Trade

We can expect a lot of tariff action among the US, Canada, and Mexico in 2025, so companies need to prepare. ST&R is also preparing. Listen for more on Two Minutes in Trade. 

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Two Minutes in Trade - Changes Coming to the Select Committee on the Strategic Competition  show art Two Minutes in Trade - Changes Coming to the Select Committee on the Strategic Competition

Two Minutes in Trade

The Select Committee on the Strategic Competition between the US & China was re-upped for the 119th Congress. Listen for more on Two Minutes in Trade. 

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The new year will bring with it new tariffs, but the recent Meyer Corp. and G&H Diversified court cases show that fundamental valuation and classification principles will remain as relevant as ever.