The Commerce Department published notices in the Federal Register June 24 on the following AD/CV duty proceedings (any notices that announce changes to AD/CV duty rates, scope, affected firms or effective dates will be detailed in another ITT article):
The gaps in trade policies between the U.S. and Europe, despite their agreement on the problems, and the difficulty of improving trade relations with major developing countries were grappled with this week by a panel of experts from the U.S. and Europe.
The official proclamation implementing an announcement in mid-May on changes to the 14.25% tariffs on imported solar panels and the tariff rate quotas on imported cells was issued by the White House on June 21.
A "back to basics" webinar on de minimis presented by CBP, which was watched by more than 1,900 in the trade community, didn't elaborate on the suspensions of customs brokers from Type 86, though CBP official Felicia Pullam said the agency has heard "a lot of concern in the trade community about this enforcement."
Although the prospects for renewing the African Growth and Opportunity Act before its expiration next year look positive, the renewal still faces “headwinds” due to an unusually partisan atmosphere on Capitol Hill, Sen. Chris Coons, D-Del., said during a Wilson Center panel June 18.
The Federal Maritime Commission recently reminded carriers about the requirements they must meet to maintain their status before the commission as a vessel-operating common carrier (VOCC), warning they may face penalties if they fail to meet those requirements. The FMC said carriers publishing automated tariffs as VOCCs must “operate at least one vessel in common carriage in the foreign commerce of the United States to maintain their status.” Companies offering common carriage but that don’t operate at least one vessel are considered non-vessel-operating common carriers, the commission said, and must follow the licensing, registration and financial responsibility requirements for NVOCCs. “Operating as an NVOCC and failing to meet all relevant requirements may result in a civil monetary penalty.”
Washington state importer Tip the Scale, doing businesses as L & D Kitchen and Bath, pleaded guilty and was sentenced on June 14 for "making false declarations" on the "species and harvest location" of timber it used in its wooden cabinets and vanities, DOJ announced.
USDA has determined the total amounts of WTO tariff-rate quotas for raw cane sugar and certain sugars for FY 2025. The agency established that from Oct. 1, 2024, to Sept. 30, 2025, the in-quota aggregate quantity of raw cane sugar will be at 1,117,195 metric tons raw value (MTRV), while the FY 2025 in-quota aggregate quantity of certain molasses (or refined sugar) will be at 232,000 MTRV. USDA's notice will be effective on June 14, the date that it will be published in the Federal Register.
Former President Donald Trump, meeting with Republicans in Congress June 13, told them he would consider eliminating the income tax and replacing it with tariff revenue if he is reelected. While Trump has floated putting a 10% tariff on all imports, and a 60% tariff on Chinese imports, but that would not raise enough revenue to replace the income tax.
CBP has released its June 12 Customs Bulletin (Vol. 58, No. 23), which includes the following ruling action: