The International Trade Administration (ITA) frequently issues notices on antidumping (AD) and countervailing (CV) duty orders which Broker Power considers to be "minor" in importance as they concern actions that occur after an order is issued and neither announce nor cause any changes to an order's duty rates, scope, affected firms, or effective period.
U.S. Customs and Border Protection (CBP) has issued its third version (dated August 13, 2004) of Frequently Asked Questions (FAQ) and responses regarding its final rule requiring the advance electronic presentation of information for inbound air cargo.
The International Trade Commission (ITC) has issued a general exclusion order in its section 337 investigation of certain plastic grocery and retail bags (Inv. 337-TA-492). The ITC has also announced that this investigation is terminated.
On August 17, 2004, President Bush signed into law, H.R. 4842, the "U.S.-Morocco Free Trade Agreement Implementation Act" (Public Law (P.L.) 108-302).
The International Trade Administration (ITA) frequently issues notices on antidumping (AD) and countervailing (CV) duty orders which Broker Power considers to be "minor" in importance as they concern actions that occur after an order is issued and neither announce nor cause any changes to an order's duty rates, scope, affected firms, or effective period.
Broker Power provides quota prices on a monthly basis for certain textile and apparel categories from the People's Republic of China (China) that are publicly traded. (These publicly traded quota prices have been provided by a Hong Kong quota broker.)
U.S. Customs and Border Protection (CBP) has issued press releases announcing that CBP officers will be deployed at the ports of Laem Chabang, Thailand and Tanjung Pelepas, Malaysia as part of the Container Security Initiative (CSI).
In the August 11, 2004 issue of the U.S. Customs and Border Protection Bulletin (CBP Bulletin) (Vol. 38, No. 33), CBP issued notices: (a) proposing to revoke and modify two classification rulings on certain towelettes, and (b) revoking a classification ruling on certain sunshades. CBP states that it is also revoking, or proposing to revoke, any treatment it has previously accorded to substantially identical transactions that are contrary to its position in these notices.
In the July 30, 2004 Federal Register, an Executive Order (EO), an interim rule, and a final rule were published in order to, among other things, set forth changes to the U.S. government's export, reexport, and licensing policies with respect to Iraq.
American Shipper reports that to cover the extra risk associated with the deferred payment of customs duties under the new periodic payment system, surety companies are raising the premiums on performance bonds used by importers and their brokers to guarantee duties will be paid to U.S. Customs and Border Protection (CBP). The article notes one surety's view that for a typical importer that imports on a fairly regular schedule, they are looking at five times the credit risk for the same series of transactions. (American Shipper, August 2004)