CBP issued the following releases on commercial trade and related matters:
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website June 27, along with the case number(s) and CBP message number, is provided below. The messages are available by searching for the listed CBP message number at CBP's ADCVD Search page.
CBP has announced that the quarterly Internal Revenue Service interest rates used to calculate interest on overdue accounts (underpayments) and refunds (overpayments) of customs duties will remain the same as the previous quarter, it said in a Federal Register notice.
The FDA will not be processing transactions sent from CBP's certification testing environment as the FDA's non-production downstream servers will be shutting down daily from 9 p.m. to 7 a.m. and throughout the weekends, CBP said in a June 30 cargo systems message.
CBP on June 28 deployed a new "unknown" code for reporting country of smelt or cast for derivative aluminum imports to the ACE certification and production environments, as expected (see 2506130062), according to a June 30 cargo systems message. As a result, goods for which the country of smelt or cast is known will now face a 200% tariff on their aluminum content.
As CBP continues to ramp up enforcement of U.S. import compliance, one issue some industry experts want CBP to address is what the agency's increased enforcement means for the Customs Trade Partnership Against Terrorism, or CTPAT, according to comments from panelists during a June 27 session of a conference sponsored by the American Association of Exporters and Importers.
Canada backed down on implementing its digital services tax, which was to start collection on June 30, after President Donald Trump said on June 27 he was ending trade negotiations with Canada over the issue.
Treasury Secretary Scott Bessent, on Bloomberg Television on June 30, didn't predict how many deals would be announced with the 18 largest trading partners of the U.S. before July 9. However, he said that countries "are coming in with offers" that long-time staff negotiators "can't believe," because they're so good.
The latest version of the tax bill introduced by the Senate over the weekend ends commercial de minimis on July 1, 2027, as the House version does. The Congressional Budget Office estimates that would increase revenues by $39 billion between 2027 and 2034.
U.S. and Chinese officials said the two countries are still on pace for Beijing to ease its restrictions over rare earths and for Washington to lift its countermeasures, including export controls.