CBP released notices late March 3 on the implementation of 25% tariffs on most goods from Canada and all goods from Mexico.
Tariffs on some of the new aluminum and steel derivatives listed in an annex to President Donald Trump’s proclamation expanding the Section 232 tariffs will take effect March 12, according to a pair of notices released by the Commerce Department.
Tariffs on some of the new aluminum and steel derivatives listed in an annex to President Donald Trump’s proclamation expanding the Section 232 tariffs will take effect March 12, according to a pair of notices released by the Commerce Department.
CBP issued notices late March 3 on implementation of 25% tariffs on most goods from Canada and all goods from Mexico.
WilmerHale International Trade Practice leader David Ross told panelists on a discussion of reciprocal trade that, "contrary to some earlier expectations, there are indications that the president is not planning to do a line-by-line" tariff adjustment to match tariff levels of trading partners, but, rather, to seek to quantify the costs of higher tariffs and other policies he sees as trade barriers, and to put a single tariff rate on the country's products.
CBP reiterated that the trade community should conduct accurate reporting and payment of additional duties related to the tariffs on goods made in China or Hong Kong, or else face enforcement "on patterns of non-compliance," the agency said in a Feb. 25 cargo systems message aimed at updating guidance on the tariffs on goods from China.
In the Feb. 19 Customs Bulletin (Vol. 59, No. 8), CBP published proposals to modify and/or revoke ruling letters concerning the tariff classification of aluminum locking brackets and frozen baked goods.
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In a Feb. 14 email alert to members, the National Customs Brokers & Forwarders Association of America warned that CBP has accepted some entries made by members even though those entries don't have proper duty calculations or new import duties on China that were mandated under President Donald Trump's executive order last week.
A domestic producer recently filed a petition with the Commerce Department and the International Trade Commission requesting new antidumping and countervailing duties on methylene diphenyl diisocyanate from China. Commerce will now decide whether to begin AD/CVD investigations, which could result in the imposition of permanent AD/CVD orders and the assessment of AD and CVD on importers. The Ad Hoc MDI Fair Trade Coalition, which consists of the BASF Corporation and The Dow Chemical Company, requested the investigation.