The Foreign-Trade Zones Board issued the following notices on March 6:
Sen. Josh Hawley, R-Mo., recently introduced a bill that would require the president to hike tariffs on Chinese battery components, solar energy components and wind energy components by 25%. Those goods are currently subject to 25% Section 301 tariffs. The bill also would require that tariff rate to rise by 5 percentage points each year, for five years, until it reaches 50%.
A bipartisan bill has been introduced that would set country-by-country de minimis levels, instruct the administration to reconsider U.S. tariffs "with the focus on the principle of reciprocity" for most favored nation rates, and open a dialogue with Mexico and Canada on allowing Costa Rica and Uruguay to join USMCA.
The following lawsuits were filed at the Court of International Trade during the week of Feb. 26 - March 3:
CBP has released its March 6 Customs Bulletin (Vol. 58, No. 9). While it contains recent court decisions, no customs rulings are included.
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website March 5, 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 issued the following releases on commercial trade and related matters:
Both co-sponsors of a bill to restrict Chinese goods from de minimis eligibility said that House Ways and Means Committee Chairman Rep. Jason Smith, R-Mo., who has the power to advance the bill, is interested in marking up the bill.
CBP has “cleared” its long-awaited proposed rule on low value shipments, and the proposal will now go to the Office of Management and Budget for review, acting Commissioner Troy Miller said at a Commercial Customs Operations Advisory Committee meeting March 6. If OMB declares the rule “significant,” the proposal will then go for interagency review prior to publication in the Federal Register, Miller said.
FloraTrace is launching new insurance coverage for importers facing unforeseen expenses due to enforcement of the Uyghur Forced Labor Prevention Act, it said in a March 4 news release. Offered through its subsidiary Rezylient, the coverage will be triggered by receipt of a UFLPA detention notice, with covered losses potentially including storage of a detained entry, attorney fees, consultant fees, demurrage, drayage fees, exam fees, and extra costs and expenses including supply chain tracing subject to agreement by underwriters, Rezylient said on its website. The insurance may also be paired with FloraTrace’s origin testing and verification services, providing “financial protection against unforeseen detentions and disruptions in the supply chain, while also offering importers a proactive tool for risk management,” the news release said.