President Donald Trump described his phone call with Canadian Prime Minister Mark Carney as "extremely productive," in a social media post, adding "we agree on many things, and will be meeting immediately after Canada’s upcoming Election to work on elements of Politics, Business, and all other factors, that will end up being great for both the United States of America and Canada. Thank you for your attention to this matter!"
Exporters who send their goods in ocean freight testified to an interagency panel that the Office of the U.S. Trade Representative's proposal to require a segment of exports to travel on U.S.-flagged, and eventually, U.S.-built ships (see 2502240058) will harm their business, or even make transport so expensive that they will be priced out of sales altogether.
Two Democrats and two Republicans in the Senate asked the administration to press Canada on changing how it administers tariff rate quotas for U.S. dairy exports as it approaches a renegotiation.
The U.S. government is considering requiring a small proportion of exported goods, both containerized and not, and including liquified natural gas, to be carried on U.S.-flagged ships by U.S. operators, with the proportion climbing over time, and, eventually, with U.S.-built ships also required.
After losing a USMCA dispute panel ruling on its measures to phase out genetically modified corn and crops treated with the herbicide glyphosate, Mexico announced this week it is repealing the decrees that addressed those issues.
Canada announced then later rescinded retaliatory tariffs against the U.S. after both sides reached an agreement to delay new tariffs this week.
The auction process for ships to pass through the Panama Canal when the water is low, and the fact that a Hong Kong company owns ports by the entrance and exit of the Panama Canal were the focuses of a Senate hearing on the canal -- but the way Iranian ships used Panama to evade sanctions also came up.
DHS Homeland Security Investigations made 1,512 seizures for violations of export laws and regulations in FY 2024, an almost identical pace to 2023, according to the division's annual report, released last week. The Export Enforcement Coordination Center also uncovered 49 investigative leads that helped prevent procurement of sensitive U.S. technologies.
After a panel report found Mexico's plans to replace GMO corn over time in industrial food and animal feed -- and its ban on genetically modified white corn -- violate its USMCA commitments, the Mexican government said it will honor the result.
A bipartisan, bicameral bill would create a Maritime Security Trust Fund, into which revenues would come from tonnage fees on Chinese-owned and Chinese-flagged ships visiting U.S. ports, special tonnage taxes, light money, and tariffs and duties, including Section 301 tariffs.