A recent judgement of the EU’s Court of Justice (CJEU) has put the spanner in the practice of using transfer price adjustments for customs valuation purposes. The “Kamamatsu” case involved the use of the transaction value method for the determination of the customs value of goods imported into the EU. In sales transactions, the transaction […]
Friday, March 16, 2018 Sandler, Travis & Rosenberg Trade Report U.S. Customs and Border Protection has posted to its website information indicating that on March 5 it issued a withhold release order against imported toys produced by Huizhou Mink Industrial Co. Ltd. in China due to concerns that they are being produced with forced labor. […]
Friday, March 16, 2018 Sandler, Travis & Rosenberg Trade Report Pipe Fittings. The International Trade Commission has scheduled the final phase of its antidumping and countervailing injury investigations of cast iron soil pipe fittings from China. A hearing will be held June 26, requests to appear at the hearing are due by June 20, pre-hearing […]
Thursday, March 15, 2018 Sandler, Travis & Rosenberg Trade Report The Department of Justice reports that a U.S. company has agreed to resolve criminal charges in connection with a scheme that involved the bribery of an official at a subsidiary of Russia’s State Atomic Energy Corporation. A DOJ press release states that for about ten […]
Thursday, March 15, 2018 Sandler, Travis & Rosenberg Trade Report The Department of Agriculture’s Animal and Plant Health Inspection Service has issued a final rule that, effective April 16, will authorize the importation of Campanula spp. plants for planting from Denmark in approved growing media. Such imports will be subject to a systems approach that […]
Wednesday, March 14, 2018 Sandler, Travis & Rosenberg Trade Report Additional tariffs of 25 percent on imported steel and 10 percent on imported aluminum would be precluded under legislation introduced March 8 by Sen. Jeff Flake, R-Ariz. According to a press release from Flake’s office, the bill would prohibit the implementation of related changes to […]
Wednesday, March 14, 2018 Sandler, Travis & Rosenberg Trade Report Food and Drug Administration import alerts on the following have been modified in the past week. – processed human and animal foods – raw agricultural products – unapproved new drugs – foods containing illegal and/or undeclared colors – seafood products – raw and cooked shrimp from […]
President Imposes Steel and Aluminum Tariffs; Exemptions May be Petitioned The president signed separate presidential proclamations March 8 imposing additional tariffs of 25 percent and 10 percent on steel and aluminum imports, respectively, effective for goods entered or withdrawn from warehouse on or after 12:01 a.m. March 23. Imports from Canada and Mexico are exempt […]
Highlights of President Trump’s Executive Proclamation on steel and aluminum tariffs. Effective Dates: 12:01 EST March 23, 2018 Tariffs: 25% on Steel Products; 10% on Aluminum Products (see coverage/scope section below) Exclusions: DOC will publish procedures for exclusions by March 18, 2018. Here are the current proposed exclusions: All steel and aluminum products imported from […]
U.S. Customs and Border Protection issued March 6 an electronic commerce strategy aimed at addressing the growing volume of small package imports as well as the challenges and opportunities that direct-to-consumer e-commerce presents for the economy and security of the U.S. The strategy covers a range of issues of particular importance, including legal and regulatory […]
President Trump has indicated that he intends to proceed with imposing increased tariffs on certain imported steel and aluminum products, which could take effect as early as 15 days after the President makes a formal decision. The new tariffs will be based upon the recommendations contained in the Department of Commerce’s (“DOC”) reports on the […]
Trump Plans to Hike Tariffs on Steel and Aluminum President Trump announced March 1 that he plans to impose additional import tariffs of 25 percent on steel and 10 percent on aluminum. The news was met with sharp criticism by many Republicans, business groups, and trading partners but was welcomed by Democrats and steel and […]