CBP created Harmonized System Update 2512 on April 2, containing 125 Automated Broker Interface (ABI) records and 35 Harmonized Tariff Schedule records. It includes the latest adjustments on imports of automobiles and automobile parts into the U.S. (see 2504020081).
President Donald Trump's use of the International Emergency Economic Powers Act (IEEPA) to enact his sweeping "retaliatory" tariffs (see 2504020086) has drawn serious speculation about whether the statute can serve as a proper basis for invoking the tariffs. Trade lawyers told us that potential issues arising from the use of IEEPA include the existence of tariff-making authority to address trade deficits under Section 122 of the Trade Act of 1974, the "major questions" doctrine and the way in which the tariffs were calculated.
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 White House released two annexes to its proclamation setting 10% reciprocal tariffs April 5, and higher country-specific tariffs for some on April 9, including a list of goods excluded from the tariffs, some because they're potentially subject to Section 232 actions.
CBP is seeking public comments on several information collections that involve imports, the agency said in Federal Register notices released this week. Comments are due May 5.
The annex to the Section 232 auto tariff proclamation has been released, listing tariff subheadings subject to the 25% tariffs on passenger vehicles and light trucks beginning April 3, and setting the effective date for tariffs on auto parts at May 3 (and also listing the subheadings covered by those tariffs).
The annex to the Section 232 auto tariff proclamation has been released, listing tariff subheadings subject to the 25% tariffs on passenger vehicles and light trucks beginning April 3, and setting the effective date for tariffs on auto parts at May 3 (and also listing the subheadings covered by those tariffs).
Beer imported after 12:01 a.m. ET April 4, and empty aluminum cans imported after the same date, will have to pay 25% tariffs under Section 232 on the value of the aluminum in the products. The annex of derivative products has been amended by adding subheadings 7612.90.10 and 2203.00.00.
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.
A domestic producer recently filed a petition with the Commerce Department and the International Trade Commission requesting new antidumping and countervailing duties on monomers and oligomers imported from South Korea and Taiwan. Commerce now will 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. Arkema, Inc. requested the investigation.