CBP has yet to update ACE to reflect the delayed deadline for the Section 301 tariff increase, the agency said in a May 31 CSMS message. The Office of the U.S. Trade Representative announced on May 31 that the previously planned June 1 tariff increase for affected goods from China would instead go into effect on June 15 (see 1905310070). "Importers entering subject goods on or after June 1, 2019 which were exported before May 10, 2019, and would be affected by this change, should consider waiting to file the entry summary pursuant to the ten day entry summary filing period," the agency said. "This will allow importers to file the appropriate duty rate with the entry summary when CBP updates ACE."
CBP issued the following release on commercial trade and related matters:
CBP hopes to begin its second phase of implementation for its in-bond regulations in July, said Jim Swanson, CBP director of cargo and security controls, at the May 30 meeting of the Commercial Customs Operations Advisory Committee in Laredo, Texas. Beginning in mid-July at the earliest, and no later than the end of the month, CBP will begin mandating electronic reporting for arrivals, exports and diversions, though the agency will not at that time begin issuing liquidated damages, he said.
CBP issued the following releases on commercial trade and related matters:
CBP issued the following releases on commercial trade and related matters:
CBP issued the following release on commercial trade and related matters:
Many U.S. importers "tend to just assume things are on the up and up" with their vendors, said Pete Mento, vice president for global trade and managed services at Crane Worldwide Logistics. Mento, who conducted a webinar on free trade deals May 24, said that's a mistake. Mento said often "people are claiming free trade agreements simply because it was flown to the U.S." from a free-trade partner country. "You gotta be able to prove your stuff qualifies. Because if you can’t prove it, the government’s going to come down on you like the hammer of the gods," he said.
The Treasury Department published its spring 2019 regulatory agenda for CBP. The agenda includes a new rulemaking that would amend CBP's regulations to revise the language on duty-free goods returned. The agency will try to issue an interim final rule by August this year. Specifically, the Trade Facilitation and Trade Enforcement Act extended duty-free treatment to products of non-U.S. origin exported and returned to the U.S. within three years after having been exported, and created a separate tariff schedule "subheading for returned U.S. Government property allowing duty-free return of U.S. Government property without time and origin restrictions."
CBP issued the following releases on commercial trade and related matters:
CBP issued the following releases on commercial trade and related matters: