Two Minutes in Trade - Increased CBP Revenue Is from Higher Tariffs and More Enforcement

Tariff rates have surged under the current Administration, driving stricter CBP enforcement and a fivefold increase in revenue from entry summary revi...

Two Minutes in Trade - CBP's IEEPA Filing Mandates: Clarity Arrives Late

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...

Two Minutes in Trade - CAFTA-DR Trade Remains Protected

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 mor...

Two Minutes in Trade - Preference Program Extensions Expose "Visa" Requirement Flaws

AGOA & Haiti HOPE/HELP programs may be extended retroactively, but there are some problems that need addressing first to make it a true extension. Lis...

Two Minutes in Trade - The IEEPA Filing Frenzy

Hundreds of importers are dashing to the Court of International Trade to enjoin CBP from assessing the IEEPA tariffs. But is it really necessary? And...

Two Minutes in Trade - Key Adjustments in U.S.–Korea Tariff Agreement

Some provisions of the US-S. Korean tariff agreement announced and retroactive to either Nov. 1 or 14. Listen for details on Two Minutes in Trade. 

Two Minutes in Trade - Court Ruling Highlights Flaws in CBP's EAPA Procedures

CIT smacks CBP's hand in EAPA duty evasion case. Listen for more on Two Minutes in Trade.

Two Minutes in Trade - A Holiday Surprise: Section 301 Exclusions Extended

Chew ow on this - 178 products excluded from the China section 301 tariffs until November 10, 2026! Listen for more info on Two Minutes in Trade. 

Two Minutes in Trade - Accelerating Investment—or Slamming the Brakes?

What is helpful and what is hurtful in attracting new FDI to the US? Listen for more on Two Minutes in Trade. 

Two Minutes in Trade - How Tariff Changes Challenge Budget Projections

CBO revises its predictions of tariff revenue over the next 10 years
downward by $1 trillion. Listen for more on Two Minutes in Trade.

Two Minutes in Trade - Trade Remedy Enforcement Straight Talk

Let's set the record straight on tariff enforcement! For more information, listen to today's Two Minutes in Trade. 

Two Minutes in Trade - Just Keep Swimming Through Tariff Changes

Finding Nemo, the tariff policy, and the China policy have a lot more in common than you think. Listen for more on Two Minutes in Trade. 

Two Minutes in Trade - Mauritius Apparel Company Under Scrutiny for Forced Labor

CBP issues a new WRO for an apparel company in Mauritius. Listen for more on Two Minutes in Trade. 

Two Minutes in Trade - Retirement Interrupted: CBP's Call to Duty

CBP is bringing them out of retirement to work on enforcement issues, but likely not trade issues. Listen for more on Two Minutes in Trade. 

Two Minutes in Trade - Breakdown of the IEEPA Annexes: What You Need to Know

Annex confusion is explained as the exemptions from IEEPA reciprocal tariffs in Friday's Executive Order are explained. Listen for more on Two Minutes...

Two Minutes in Trade - Going Bananas: The U.S. Signs Framework Agreements with Argentina, Ecuador, El Salvador, and Guatama

The U.S. Trade Representative announced framework agreements with Argentina, Ecuador, El Salvador, and Guatemala to remove tariffs on products not pro...

Two Minutes in Trade - Refunding IEEPA Made Simple

Refunding IEEPA-related tariffs is straightforward, as CBP already has the infrastructure, authority, and experience to do it.  For more information,...

Two Minutes in Trade - Revisiting Jackson-Vanik in Today's Trade Landscape

Jackson-Vanik could be repealed, providing NTR permanent status to 4 Central Asian nations. Listen for more on Two Minutes in Trade. 

Two Minutes in Trade - How Section 201 Could Reshape Lamb Prices

Imports of lamb are reportedly getting so "baaa'd" that the American Sheep Industry asks USTR to invoke section 201 on imports of lamb. Listen for mor...

Two Minutes in Trade - Doughnuts, Duties & Delegation- IEEPA at the Supreme Court

Oral arguments before the SCOTUS lasted over 2 ½ hours on the delegation of Congress's taxing authority to the President to issue tariffs under the IE...

Two Minutes in Trade - Eight Years Later: Have Tariffs Delivered

Who is measuring whether or not the imposition of tariffs is effective? Anyone? Listen for more on Two Minutes in Trade. 

Two Minutes in Trade - PPE Comments Submitted Expressed Strong Opposition Against Tariffs

Vast opposition to trade measures under section 232 taken on PPE and related products. Listen for more on Two Minutes in Trade 

Two Minutes in Trade - The Biggest Case Yet? High Stakes as Supreme Court Reviews IEEPA Tariff Authority

All eyes on the Supreme Court. Listen to the hearing tomorrow online and listen to today's Two Minutes in Trade for more. 

Two Minutes in Trade - Inside the Latest U.S.–China Trade Moves

A few more details on the US-China tariffs and lower rates begin on November 10. Listen for more on Two Minutes in Trade  

Two Minutes in Trade - Unpacking the Uncertainty on Tariffs and Trade Compliance

Two Minutes in Trade - Senate Back to Work on Trade Matters

Senate moves on joint resolutions to end IEEPA emergency tariffs on Brazil, Canada, and Mexico. Listen for more on Two Minutes in Trade. 

Two Minutes in Trade - USTR Announced a NEW Section 301 Investigation

The hits keep coming as USTR announces a new Section 301 investigation into China's failure to fulfill its Phase I agreement purchase obligations. Lis...

Two Minutes in Trade - USTR's Latest Investigation into China

Busy, busy, busy. Tariff or framework agreements were announced over the weekend. Malaysia, Cambodia, Thailand & Vietnam. Listen for more on Two Minut...

Two Minutes in Trade - STR Files Amicus On Behalf of We Pay The Tariffs

STR files an amicus before the Supreme Court, highlighting the negative impacts of the IEEPA tariffs on small businesses.  For more information, liste...

Two Minutes in Trade - The Cases Worth Watching

The de minimis case is still on hold, and other tariffs may be refunded. Listen for more on Two Minutes in Trade. 

Two Minutes in Trade - Tariff Jenga: When the Stack Collapses

Stacking of tariffs is like playing Jenga, but the MHDV 232 proclamation clarified that some tariffs do NOT stack. Listen to Two Minutes in Trade for...

Two Minutes in Trade - Unraveling CAFTA-DR: The Nicaragua Trade Fallout

Penalties on Nicaragua could unravel the CAFTA-DR and hurt US companies. Listen for more on Two Minutes in Trade. 

Two Minutes in Trade - Haunted by Tariffs: Halloween at 1600 Pennsylvania

Trick or Treat? New section 232 tariffs on medium and heavy duty trucks and parts but auto tariff offset extended. Listen for more on Two Minutes in T...

Two Minutes in Trade - Are Carbon Taxes on the Way?

A record CO₂ spike sparks global climate concern as shipping reforms stall and the U.S. debates carbon border taxes. For more information, listen to t...

Two Minutes in Trade - Shutdown Showdown: DC’s Legislative Blackout

The case of the missing House. Time to get to work!  Listen for more on Two Minutes in Trade. 

Two Minutes in Trade - Docked and Loaded: USTR’s Surprise Fee Blitz

Last-minute changes on section 301 fees on ships, new 100% tariffs on cranes, and proposed new 150% tariffs. Listen for more on Two Minutes in Trade. 

Two Minutes in Trade - No Recess for Trade: A Week of Deadlines

Busy week ahead with deadlines every day this week. Listen for more on Two Minutes in Trade. 

Two Minutes in Trade - Leverage by Design: China’s Economic Pressure Points

Is China positioning for a negotiation on the IEEPA tariffs? Listen for more on Two Minutes in Trade. 

Two Minutes in Trade - Comments Are Due on Oct 21st for Steel and Aluminum Tariffs

Hundreds of additional products may be added to the scope of the steel and aluminum tariffs in Section 232 Tariffs.  For more information, listen to t...

Two Minutes in Trade - Show me the Money! Refunds to be Delayed

There's no money! CBP says refunds are on hold until the Treasury is funded. Listen for more on Two Minutes in Trade.