CBP has released its May 7 Customs Bulletin (Vol. 59, No. 19). While it contains no ruling notices, it includes nine Court of International Trade slip opinions and five U.S. Court of Appeals decisions.
An exemption from reciprocal tariffs for U.S. content that rises above 20% should be calculated only on the basis of a good’s physical characteristics, CBP said in an update to its FAQ on International Emergency Economic Powers Act tariffs. “Non-physical elements” like research and development, intellectual property rights and royalties can’t be included toward exempt U.S. content, CBP said.
CBP issued the following releases on commercial trade and related matters:
A May 8 cargo systems message says that for shipments of wild-caught shrimp, Peru will no longer be a valid country code when submitting a PGA Message Set with data for the Office of Marine Conservation. This change pertains to situations where conformance declaration code "7B" is used.
An exemption from reciprocal tariffs for goods subject to Section 232 tariffs only applies if duties are “owed and payable,” CBP said in an update May 8 to its Section 232 tariff FAQ.
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website May 6, along with the case number(s) and CBP message number, is provided below. The messages are available by searching for the listed CBP message number at CBP's ADCVD Search page.
CBP will increase the number of Harmonized Tariff Schedule codes that may be submitted per entry line from eight to 32, trade consultant Bonnie Kersch said in a LinkedIn post May 6. Attendees were told of the change during CBP’s Trade and Cargo Security Summit in New Orleans that day, with gasps and laughing audible among the audience, according to replies to the post.
CBP issued the following releases on commercial trade and related matters:
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website May 2-5, along with the case number(s) and CBP message number, is provided below. The messages are available by searching for the listed CBP message number at CBP's ADCVD Search page.
Type 11 informal entries may be filed in some circumstances for shipments over $2,500 with only one consignee, CBP reminded importers in a CSMS message May 6.