Allowing the financing companies that own leased vehicles to claim tax credits irrespective of where electric vehicles and their batteries were made, and lengthening the timeline to cut China out of battery and critical mineral supply chains, runs contrary to the Inflation Reduction Act, argued Senate Energy and Natural Resources Committee Chairman Joe Manchin, and the ranking member of the committee, Sen. John Barrasso, R-Wyo.
CBP will require type 86 entries to be filed “upon or prior to arrival” of the shipment beginning Feb. 15, it said in a notice modifying its Entry Type 86 test. The change from the current requirement, which is within 15 days of arrival of the cargo, is intended to address “enforcement challenges surrounding low-value shipments entered” via type 86, CBP said. The notice also “clarifies the consequences of misconduct” by participants in the pilot, including potential ineligibility for type 86 entry filing, the agency said.
The shorter time frame for filing type 86 entries announced by CBP Jan. 12 is likely intended to allow the agency to target de minimis shipments in advance and give it more time to complete its targeting processes, said customs brokers asked about the policy change.
McLarty Associates co-founder Nelson Cunningham has been nominated to replace Jayme White as deputy U.S. trade representative. White was responsible for negotiations in the Western Hemisphere, Europe and the Middle East, and also had some labor and environmental issues in his portfolio.
U.S. Chamber of Commerce CEO Suzanne Clark criticized the Biden administration for not only choosing to avoid tariff liberalizing trade negotiations, but also for walking away from long-time positions on digital trade provisions. Clark, who was speaking at a press conference after the Chamber's annual State of American Business event, declined to say whether a second Donald Trump administration or another term of Joe Biden would be worse on trade.
The Federal Maritime Commission opened a proceeding against attorney Marcus Nussbaum pertaining to alleged professional misconduct, in which Nussbaum will have a chance to show cause why he should not be hit with a penalty or suspension of his ability to practice before the comission.
The Commerce Department published notices in the Federal Register Jan. 11 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 Commerce Department is correcting its recently amended final results (see 2312260040) of the antidumping duty administrative review on certain oil country tubular goods (OCTG) from South Korea (A-580-870), covering the period Sept. 1, 2019, through Aug. 31, 2020.
Finished chassis imported by Pitts Enterprises that include Chinese-origin axles and landing gears are covered by antidumping and countervailing subsidy duties on chassis from China, the Commerce Department said in a Jan. 10 scope ruling.
Fifteen models of torque tubes imported by NEXTracker aren't covered by antidumping and countervailing duty orders on circular welded carbon quality steel pipe from China, the Commerce Department said in a Jan. 8 scope ruling.