A day after President Donald Trump announced sweeping tariffs upon dozens of trading partners, including countries that the U.S. has historically had friendly relations with, customs brokers and importers have numerous questions, such as whether ACE has the ability to verify values accurately and what role drawback might have as companies respond to the tariffs.
The U.S. will impose additional 10% tariffs on most imports, but not on Mexican and Canadian goods, information goods like books, music or films, or any goods either subject to Section 232 tariffs or among goods that Trump is considering protecting under Section 232, including pharmaceuticals, copper, lumber, semiconductors, certain critical minerals, and energy and energy products.
To date, no major lawsuits challenging any of the new tariff actions taken by President Donald Trump have been filed. The reasons for that include high legal hurdles to success and inconsistency in the implementation of the tariffs, trade lawyers told us.
CBP has updated a list that provides all the recommendations passed by the Commercial Customs Operations Advisory Committee (COAC). The list includes recommendations offered since the 14th term meeting in April 2016.
CBP issued the following releases on commercial trade and related matters:
A bill that aims to create a true single window for importers, as well as reduce redundancies in advance export manifest data submissions, was introduced in the Senate by Sens. Bill Cassidy, R-La., and Catherine Cortez Masto, D-Nev.
CBP provided guidance on the 25% import duty for all imports of steel articles and derivative steel articles from all countries via a March 7 cargo systems message. This import duty is effective on 12:01 a.m. EDT on March 12 (see 2503030054).
CBP provided guidance on the 25% import duty for all imports of aluminum articles and derivative aluminum articles from all countries via a March 7 cargo systems message. This import duty is effective on 12:01 a.m. on March 12 (see 2503030054).
Alexandra Hess, a former official at CBP, has rejoined Cassidy Levy as a partner in the Washington, D.C., office, the firm announced on LinkedIn. At CBP, Hess served as branch chief for entry process and duty refunds in the Office of Regulations & Rulings, where she "issued rulings and advice" on "the entry process, duty drawback, de minimis, reconciliation, bonding, antidumping and countervailing duties, temporary importation under bond, foreign trade zones, right to make entry, broker compliance and management, and quota," the firm said.
CBP issued the following releases on commercial trade and related matters: