House Ways and Means Committee Trade Subcommittee Chairman Adrian Smith, R-Neb., said he thinks the chances are good for renewing the Generalized System of Preferences benefits program in 2024, due to bipartisan interest in the legislation. "A lot of members have examples from their district of why we need GSP." He added that a three-year lapse of the benefit program is "inexcusable."
An importer's entries are subject to Section 232 tariffs because the vessel arrival date transmitted in ACE by the ship's captain came after the tariffs took effect on June 1, 2018, despite the importer's claim -- backed by different documentation -- that the goods actually arrived in port and had a date of entry prior to that date, CBP said in a recent ruling.
The Commerce Department is amending its final determination in its antidumping duty investigation on mattresses from Thailand (A-549-841), drastically increasing cash deposit rates applicable to Saffron Living and the "all-others" companies as a result of a recent Court of International Trade decision. Cash deposit rates set in this amended final determination are effective as of Jan. 1. The amended rates, which are up from 37.48% for both Saffron Living and the "all-others" companies, are as follows:
CBP found no substantial evidence that Muller Import Inc. and U.S. Castings Inc. evaded the antidumping and countervailing duty orders on cast iron soil pipe and cast iron soil pipe fittings from China via transshipment through India, the agency announced Dec. 22.
The Federal Maritime Commission is granting ocean carriers special permission to immediately hike rates on containers that are being rerouted around the southern cape of Africa, in response to concerns over possible Houthi rebel attacks on usual routes through the Red Sea.