Friday, September 21, 2018 Separate petitions filed Sept. 19 and Sept. 21 allege that refillable steel kegs from China, Germany, and Mexico and aluminum wire and cable from China are being sold at less than fair value in the U.S. market, and that subject merchandise from China is also benefitting from countervailable subsidies. The alleged […]
Friday, September 21, 2018 Sandler, Travis & Rosenberg Trade Report The International Trade Commission has created effective Sept. 24 two ten-digit statistical reporting numbers (HTSUS 8517.62.0020 and 8517.62.0090) to administer the recently-announced Section 301 tariff on certain Chinese products of subheading 8517.62. Slated to enter into force Sept. 24, the additional tariff will cover, among […]
Thursday, September 20, 2018 Sandler, Travis & Rosenberg Trade Report U.S. Customs and Border Protection is currently circulating within the trade community draft modifications to the minimum security criteria associated with the Customs Trade Partnership Against Terrorism. CBP is gathering input on the proposed changes through the end of October and plans to implement the […]
Tuesday, September 18, 2018 President Trump has announced that beginning Sept. 24 an additional ten percent tariff will be imposed on 5,745 tariff lines from China with an import value of approximately $200 billion. This tariff is scheduled to increase to 25 percent as of Jan. 1, 2019. The president added that if China “takes […]
Wednesday, September 19, 2018 Sandler, Travis & Rosenberg Trade Report The Office of the U.S. Trade Representative has determined to exclude certain products from the safeguard on crystalline silicon photovoltaic cells and other CSPV products containing these cells. This safeguard consists of (1) a tariff-rate quota on imports of CSPV cells not partially or fully […]
Tuesday, September 18, 2018 Sandler, Travis & Rosenberg Trade Report Requests for exclusions from the additional 25 percent tariff imposed as of Aug. 23 on goods classified under 284 tariff lines when imported from China are due by Dec. 18. This tariff was levied in response to a Section 301 investigation determination that China’s acts, policies, and […]
Monday, September 17, 2018 Sandler, Travis & Rosenberg Trade Report President Trump signed into law Sept. 13 the Miscellaneous Tariff Bill Act (H.R. 4318), which suspends or reduces through Dec. 31, 2020, import duties on approximately 1,700 products generally not made in the U.S. A majority of the products covered by the MTB are chemicals, […]
Monday, September 17, 2018 Sandler, Travis & Rosenberg Trade Report The Bureau of Industry and Security is requesting public comments by Oct. 17 on the effectiveness of its licensing procedures for exports of agricultural commodities to Cuba. BIS will include a description of these comments in the biennial report it is required to submit to […]
Friday, September 14, 2018 Sandler, Travis & Rosenberg Trade Report The Department of Agriculture’s Animal and Plant Health Inspection Service has issued a final rule that, effective Oct. 15, will amend its regulations to provide for the approval of all new fruits and vegetables for importation into the U.S. using a notice-based process. This rule […]
On September 7, 2018, the Financial Crimes Enforcement Network (“FinCEN”) established an exception to the obligations that banks, brokers or dealers in securities, mutual funds, futures commission merchants, and introducing brokers in commodities have under the Beneficial Ownership Rule. Particularly, FINCEN is no longer requiring these financial institutions to identify and verify the beneficial ownership information […]
Monday, September 10, 2018 Sandler, Travis & Rosenberg Trade Report The process for individuals and organizations to request exclusions from the Section 232 additional tariffs on imports of steel and aluminum has been modified in response to public comments and the Bureau of Industry and Security’s experience managing this process. Comments on this interim final […]
The Art of the Trade Deal 2.0 – Update on Top Strategies to Avoid or Reduce Section 232 and 301 Duty Increases U.S. importers, exporters, and manufacturers are continuing to look for ways to mitigate the impact of the 10 to 25 percent additional tariffs the U.S. has levied on tens of billions of […]