As companies seek to accommodate changes in U.S. tariffs, they should seek to understand the terms of their intercompany agreements and transfer pricing policies to avoid potential violations, according to an energy and infrastructure lawyer with Baker McKenzie.
The Commerce Department published notices in the Federal Register June 26 on the following antidumping and countervailing duty (AD/CVD) proceedings (any notices that announce changes to AD/CVD rates, scope, affected firms or effective dates will be detailed in another ITT article):
A domestic producer recently filed a petition with the Commerce Department and the International Trade Commission requesting new antidumping and countervailing duties on oleoresin paprika imported from India. 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. Rezolex requested the investigation.
On June 25, the FDA posted new and revised versions of the following Import Alerts on the detention without physical examination of:
The Foreign-Trade Zones Board issued the following notices June 26:
Sen. Rick Scott, R-Fla., introduced the Drones for America Act, which would impose tariffs on Chinese drones and drone parts that escalate until drones with Chinese components are banned in 2028.
Rep. Ayanna Pressley, D-Mass., and 25 other House Democrats asked Treasury Secretary Scott Bessent to tell them by July 10 whether the administration is going to carve out baby products from tariffs on Chinese goods. In a letter publicized June 26, the members noted that Bessent said exempting baby products was under consideration on May 7, and that the president also said he would "take a look at it" in response to questions that day.
Sen. Jeanne Shaheen, D-N.H., speaking at the NATO Public Forum in the Netherlands, said she believes Congress is ready to approve a bill that would impose a wide range of sanctions on Russia and its supporters if Moscow refuses to reach a peace deal with Ukraine, including a 500% tariff on imported goods from countries that buy Russian oil, gas, uranium and other products (see 2504020003).
The Court of International Trade called on future litigants to address the "various problems of interpretation" posed by the Commerce Department's subassemblies provision in its antidumping duty and countervailing duty orders. In a pair of decisions issued June 25, Judge Timothy Stanceu said the current construction of the provision can lead to "unreasonable, and even absurd, results."
CBP issued the following releases on commercial trade and related matters: