The nonpartisan Congressional Budget Office has projected that applying Section 301 tariffs to the contents of packages that previously benefited from de minimis, as proposed in the House (see 2407080049), would increase revenue from tariffs by about $23.5 billion in the 2024-2034 period, but would only require reprogramming of ACE and more money for data storage and ACE maintenance, not new CBP officers. The CBO estimated that improving ACE would cost $3 million, and that CBP would need $2 million annually to maintain the system.
CBP issued the following releases on commercial trade and related matters:
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
As CBP deploys measures to ensure de minimis compliance among importers, there are some big-picture items that the agency and Congress need to consider to enable scalability or prevent loopholes, according to Lenny Feldman, managing partner with Sandler Travis.
Senate Finance Committee Chairman Ron Wyden, D-Ore., formally unveiled a widely anticipated bipartisan bill Aug. 8 that would restrict foreign goods from eligibility for de minimis shipments.
After its bid for a preliminary injunction was denied by Court of International Trade Judge Claire Kelly (see 2407260045), a customs broker fought Aug. 5 against a motion to dismiss its case, saying its complaint was ripe for litigation because CBP had already made the decision to deny its reinstatement to the agency's Entry Type 86 pilot (Seko Customs Brokerage v. United States, CIT # 24-00097).
Type 86 entries filed upon or after arrival at the first port of entry will be rejected by CBP beginning Aug. 17 (see 2408050055), and will have to be re-filed under a different entry type, including release from manifest, to obtain release, CBP said in an Aug. 5 message.
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
Sen. Sherrod Brown, D-Ohio, hosted an event in Brooklyn, Ohio, last week to highlight his efforts to restrict Chinese goods from eligibility for de minimis shipments. The event included representatives of a local textile mill, law enforcement and others. Brown introduced a bill, the Import Security and Fairness Act, in June 2023 that would end China’s de minimis eligibility (see 2306150061). He also has urged the Biden administration to take executive action on the matter (see 2402260076).
CBP plans to expand its presence in Laredo, Texas, by opening a Customs-Trade Partnership Against Terrorism (C-TPAT) office, according to Peter Touhy, director of the Miami C-TPAT field office within CBP’s Office of Field Operations.