The Bureau of Industry and Security will post all valid requests for new tariff subheadings to be added to the lists of derivatives subject to Section 232 steel and aluminum tariffs after the conclusion of the two-week window to submit requests that began May 1, BIS said in an interim final rule published May 2 (see 2504300031). Once they are posted, BIS will accept comments for 14 days.
The following lawsuits were filed at the Court of International Trade during the week of April 28 - May 4:
The Court of International Trade on May 2 held that importer BASF's fish oil ethyl ester concentrates "maintain the essence of fish" and are thus "extracts of fish" under Harmonized Tariff Schedule heading 1603 and not "food preparations" under heading 2106.
As CBP has made it clear that it will ramp up efforts to ensure companies and importers are complying with import regulations and all the assorted tariff modifications, the roles of customs brokers and import compliance experts have been elevated within company structures, several trade experts said this week in webinars.
CBP created Harmonized System Update 2517 on April 29, containing 254 Automated Broker Interface records and 58 Harmonized Tariff Schedule records. HSU 2517 includes the Section 232 auto parts updates: HTS 9903.94.05 and 9903.94.06, as well as partner government agency (PGA) updates. Additional information on the Section 232 Auto Parts Updates can be found here.
The following lawsuits were filed at the Court of International Trade during the weeks of March 17-23, March 23-30, March 31 - April 6, April 7-13, April 14-20 and April 21-27:
Exemptions from reciprocal tariffs for goods that were in transit on April 5 or 9 only apply to ocean vessels, CBP said in an April 30 update to its FAQ on the tariffs.
Exemptions from reciprocal tariffs for goods in transit as of April 5 or April 9 apply only to ocean vessels, said CBP in an April 30 update to its FAQ on the tariffs.
New tariff schedule subheadings may be added to the list of derivatives subject to Section 232 steel and aluminum tariffs up to three times every year, with the first 60-day “inclusions” process beginning May 1, the Bureau of Industry and Security said in an interim final rule released April 30.
CBP issued the following releases on commercial trade and related matters: