CBP May Suspend Regular Duty Collections
CBP may still suspend some duty collections (see 2003280001), according to a person knowledgeable about the discussions. The Wall Street Journal said in a March 27 report that duty collections would be deferred for three months, though President Donald Trump called the report “fake news.” The person said that there are multiple options being looked at and the plans are not yet finalized. One such option includes limiting the deferrals to regular duties, taxes and fees, and not trade remedies, such as the Section 301 tariffs and antidumping or countervailing duties, the person said. While the specifics are still being discussed, the action may come in the form of an executive order or Federal Register notice, the person said.
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It's unclear how a possible 90-day deferral is connected to the recent shift in CBP policy for shorter-term deferrals (see 2003260047). Domestic industry groups recently voiced concerns about deferred duties of any kind (see 2003270014). The White House and CBP didn't comment.