As CBP ramps up enforcement, the agency often seems to be heading straight for penalties, as witnessed anecdotally by the trend to send out more notices of action, or CF-29 forms, instead of informing importers of possible errors, according to trade experts speaking on a Nov. 20 webinar hosted by logistics company Expeditors.
President Donald Trump issued an executive order Nov. 20 exempting 238 tariff schedule subheadings covering agricultural products from the 40% additional International Emergency Economic Powers Act tariff on Brazil. The new exemptions take retroactive effect Nov. 13 at 12:01 a.m ET.
President Donald Trump issued an executive order Nov. 20 exempting 238 tariff schedule subheadings covering agricultural products from the 40% additional International Emergency Economic Powers Act tariff on Brazil. The new exemptions take retroactive effect Nov. 13 at 12:01 a.m ET.
President Donald Trump, speaking at a Saudi investment forum, said that if the Supreme Court rules against the use of national emergency authorities to impose reciprocal tariffs, the administration will manage.
The following lawsuits were filed at the Court of International Trade during the week of Nov. 10-16:
As a Russia sanctions bill appears to have more momentum (see 2511170041), Democratic senators declined to say what tariff levels would be effective or appropriate if it becomes law.
President Donald Trump's tariffs will last beyond his term in office, former Commerce Secretary Gina Raimondo predicted during a Nov. 19 event hosted by Bloomberg.
Sponsors of the No Coffee Tax Act lauded the president's decision to roll back reciprocal tariffs on coffee, but Sen. Catherine Cortez-Masto, D-Nev., noted that the additional 40% tariffs on Brazilian coffee were unchanged. She said Nov. 17 that Brazil is the top source of American coffee.
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
An Indonesian jewelry company and its co-owner, along with two other employees, were charged last week with taking part in a scheme to evade over $86 million in customs duties on jewelry imports, the U.S. Attorney's Office for the District of New Jersey announced. Two of the individuals, Indonesian national Icha Anastasia and Italian national Claudio Fogale, were arrested last week and each charged with one count of conspiracy to commit wire fraud (United States v. PT Untung Bersama Sejahtera a/k/a UBS Gold, D.N.J. # 2:25-12158).