Mara Lee

5 days ago | internationaltradetoday.com | Mara Lee

"They wanted to do trade," he said. It was going to include a renewal of the long-expired Generalized System of Preferences benefits program, the African Growth and Opportunity Act, and "Haiti may have also been in play."The lobbyist added, "depending on who you talk to," Crapo also wanted to pass a Miscellaneous Tariff Bill. The Haitian trade preference programs and AGOA expire at the end of September; the last MTB and GSP both expired at the end of 2020.

6 days ago | internationaltradetoday.com | Mara Lee

If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.

1 week ago | internationaltradetoday.com | Mara Lee

|Top NewsProducing scrubs in Haiti allows American firms to avoid 29% tariffs on pants, 16% tariffs on tops, and still import the fabric from Asia. But the trade preferences for Haiti known as HOPE/HELP expire in three months and 11 days, and Republicans who control the voting calendar are not reassuring the companies that it will be renewed on time. If your job depends on informed compliance, you need International Trade Today.

1 week ago | internationaltradetoday.com | Mara Lee

The Congressional Budget Office estimated that from fiscal year 2027 through fiscal year 2034, the end of the budget window for the bill, there would be an additional $38.3 billion in tariffs paid due to de minimis ending. The Joint Committee on Taxation estimated that the curtailment of drawback for tobacco products would add $12.1 billion in revenue to the Treasury through the end of FY 2034.

1 week ago | internationaltradetoday.com | Mara Lee

When a reporter noted that Japan wants changes to auto tariffs, not just reciprocal tariffs, and asked if that would happen, Trump replied, "We'll see what happens." On the EU, he said, "I don't feel they're offering a fair deal yet." For all trading partners, he said, "We're either going to make a good deal or they'll just pay whatever we say." Trump spoke with Canadian Prime Minister Mark Carney about trade, and the Canadian readout said they agreed to pursue negotiations toward a deal...