Friday, May 11, 2018 Sandler, Travis & Rosenberg Trade Report The Federal Maritime Commission has issued notice that the following amended agreements have been filed. Interested parties may submit comments by May 22. Maersk/CMA CGM WCCA Vessel Sharing Agreement (Maersk Line A/S and CMA CGM S.A.) – The amendment deletes Hamburg Sud as a […]
Thursday, May 10, 2018 Sandler, Travis & Rosenberg Trade Report The following proposed revocations of U.S. Customs and Border Protection classification rulings are included in the May 9, 2018, Customs Bulletin and Decisions. Comments on these proposals are due no later than June 8. Plastic and Paper Labels. CBP is proposing to classify self-adhesive paper and […]
Thursday, May 10, 2018 Sandler, Travis & Rosenberg Trade Report The State Department has determined that 28 foreign entities in China, Egypt, Iran, North Korea, Russia, Syria, Turkey, and the United Arab Emirates have engaged in activities that warrant the imposition of penalties for the transfer to or acquisition from Iran, Syria, or North Korea […]
Wednesday, May 09, 2018 Sandler, Travis & Rosenberg Trade Report President Trump announced May 8 his decision to cease the United States’ participation in the Joint Comprehensive Plan of Action and to begin reimposing the U.S. nuclear-related primary and secondary sanctions against Iran that were lifted to effectuate the JCPOA sanctions relief. The Treasury Department’s Office […]
Wednesday, May 09, 2018 Sandler, Travis & Rosenberg Trade Report Following a similar letter from the two leading members of the Senate Finance Committee, dozens of members of the House of Representatives wrote to Commerce Secretary Wilbur Ross May 7 to request a number of improvements to the process of requesting product-specific exclusions from the additional tariffs […]
Tuesday, May 08, 2018 Sandler, Travis & Rosenberg Trade Report A two-day visit to Beijing by a number of senior Trump administration officials saw the U.S. and China both largely reject each other’s demands on resolving bilateral trade irritants. The two sides agreed to continue discussions but did not specify when they might resume. A […]
Tuesday, May 08, 2018 Sandler, Travis & Rosenberg Trade Report The International Trade Administration has issued an antidumping duty order on carton-closing staples from China, effective May 8. Carton-closing staples may be manufactured from carbon, alloy, or stainless steel wire and are covered by this order regardless of (a) specification and (b) the type of […]
Friday, May 04, 2018 Sandler, Travis & Rosenberg Trade Report Authorities and trade industry members in the U.S. and around the world are continuing to take steps to respond to the rapid growth in e-commerce shipments, which poses challenges related to security, revenue collection, and regulatory compliance. Several recent developments are highlighted below. For more […]
Friday, May 04, 2018 Sandler, Travis & Rosenberg Trade Report Following are highlights of regulatory effective dates and deadlines and federal agency meetings coming up in the next week. May 7 – effective date of USDA final rule on imports of lemons from Chile May 8 – ST&R webinar: Apparel Classification Series: Advanced Topics May 8 – […]
Wednesday, May 02, 2018 Sandler, Travis & Rosenberg Trade Report President Trump has issued separate proclamations modifying the list of U.S. trading partners exempt from the additional tariffs he imposed on imports of steel and aluminum as of March 23. These tariffs (25 percent and 10 percent, respectively) were imposed after the Department of Commerce […]
Wednesday, May 02, 2018 Sandler, Travis & Rosenberg Trade Report New Admin Reviews. The International Trade Administration has initiated administrative reviews of the following antidumping and/or countervailing duty orders for the periods March 1, 2017, through Feb. 28, 2018 (AD) and Jan. 1 through Dec. 31, 2017 (CV), unless otherwise noted. The final results of […]
The seriousness of efforts to prevent money laundering has been emphasised by U.S. Bancorp’s $613 million settlement with the Treasury Department’s Office of the Comptroller of the Currency and the Federal Reserve, for inadequate AML controls. U.S. Bancorp failed to detect many suspicious transactions and later sought to conceal its mistakes from regulators. Banks and […]
