CBP issued the following releases on commercial trade and related matters:
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 April 28, 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 said in a Federal Register notice scheduled for April 30 publication that the quarterly Internal Revenue Service interest rates used to calculate interest on overdue accounts (underpayments) and refunds (overpayments) of customs duties will remain the same as for the previous quarter. For the calendar quarter that began April 1, the interest rates for underpayments will be 7% for both corporations and non-corporations. The interest rate for overpayments will be 7% for non-corporations and 6% for corporations.
The amount of net revenue coming from entry summary reviews for the first six months of FY 2025 has skyrocketed to a staggering $20.31 billion, well above the $667.55 million for all 12 months of FY 2024, according to trade statistics data last updated by CBP on April 25.
Correction: Former CBP Executive Director of Trade Relations George Bogden was forced to resign because of his “ties” to Miles Taylor (see 2504250035), according to a report from the Washington Post. Someone in the administration started circulating Facebook pictures of Bogden at Taylor's first wedding, the story said. That wedding was before Taylor revealed he was behind an anonymous New York Times op-ed piece, but the Post reported that an anonymous attendee said Bogden was also at Taylor’s second wedding in 2023. Earlier this month, President Donald Trump signed a presidential memorandum pulling security clearances for Taylor and any "individuals at entities associated with Taylor."
CBP has released its April 23 Customs Bulletin (Vol. 59, No. 17). While it contains no ruling notices, it does include one Court of International Trade slip opinion.
Customs brokers will be able to file Type 11 informal entries for articles under $2,500, even if they are categorized in Chapter 99 and are subject to tariffs, from all countries, according to an April 28 cargo systems message from CBP.
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 April 24, 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.