Two Minutes in Trade - How Tariff Changes Challenge Budget Projections
Release Date: 11/24/2025
Two Minutes in Trade - Increase in SEC 232 Furniture Tariffs Delayed
Two Minutes in Trade
On the last day of 2025, the administration issued a proclamation delaying for another year the increase in tariffs on certain upholstered products, kitchen cabinets, and vanities. For more information, listen to today's Two Minutes in Trade.
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Two Minutes in Trade - FCC Adds Foreign Drones to its Covered List
Two Minutes in Trade
On December 22, the FCC added all foreign drones (and critical components) to its Covered List. Without FCC authorization, it will be prohibited to import or sell new foreign drone models in the United States.
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Two Minutes in Trade - Let's Dress the Trade Christmas Tree!
Two Minutes in Trade
Happy holidays! Did we pick your favorite ornaments to adorn our trade Christmas tree?
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Two Minutes in Trade - UFLPA Enforcement and the Latest WRO Developments
Two Minutes in Trade
WRO’s and UFLPA remind us why knowing your supply chain is free from forced labor is so important. New WRO on tires from European country today. Listen for more on Two Minutes in Trade.
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Two Minutes in Trade - CBP’s Ramp Rulings Threaten ADA Accessibility
Two Minutes in Trade
CBP is trying to rewrite history and revoke Nairobi's status for smaller ramps used for wheelchair access to homes. Comments can be submitted. Listen for more info on Two Minutes in Trade.
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Two Minutes in Trade - Refunds Possible Post-Liquidation in CostCo IEEPA Tariff Lawsuit
Two Minutes in Trade
DOJ says CIT can demand CBP liquidate or reliquidate entries and provide refunds if the IEEPA tariffs are ruled illegal. Listen for more on Two Minutes in Trade.
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Two Minutes in Trade - Increased CBP Revenue Is from Higher Tariffs and More Enforcement
Two Minutes in Trade
Tariff rates have surged under the current Administration, driving stricter CBP enforcement and a fivefold increase in revenue from entry summary reviews, signaling importers face heightened scrutiny amid evolving trade rules.
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Two Minutes in Trade - CBP’s IEEPA Filing Mandates: Clarity Arrives Late
Two Minutes in Trade
A day late, & a dollar short? CBP updates its FAQs on entries exempted from IEEPA tariffs in HTS Ch. 98, but 8 months late. Listen for details on Two Minutes in Trade.
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Two Minutes in Trade - CAFTA-DR Trade Remains Protected
Two Minutes in Trade
Nicaragua’s CAFTA-DR qualifying goods will avoid section 301 tariffs, but tariffs on other goods will be ratcheted up over time to 15%. Listen for more on Two Minutes in Trade.
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Two Minutes in Trade - Preference Program Extensions Expose "Visa" Requirement Flaws
Two Minutes in Trade
AGOA & Haiti HOPE/HELP programs may be extended retroactively, but there are some problems that need addressing first to make it a true extension. Listen for more on Two Minutes in Trade.
info_outlineCBO revises its predictions of tariff revenue over the next 10 years
downward by $1 trillion. Listen for more on Two Minutes in Trade.