CBP issued the following releases on commercial trade and related matters:
CBP issued the following releases on commercial trade and related matters:
CBP issued the following releases on commercial trade and related matters:
Suspension of liquidation and countervailing duty cash deposit requirements take effect Dec. 3 for imports of brake drums from China (C-570-175) and Turkey (C-489-854), after the Commerce Department found countervailable subsidization in preliminary determinations in its ongoing CVD investigations.
Facing Fentanyl, the Victims of Illicit Drugs and Families Against Fentanyl withdrew their Section 301 petition that asked the U.S. Trade Representative to double the 25% tariffs on Section 301 tariffs on lists 1 and 2 and asked the government to exclude Chinese goods from de minimis (see 2410180039).
CBP issued the following releases on commercial trade and related matters:
The Commercial Customs Operations Advisory Committee for CBP holds its next quarterly meeting Dec. 11 remotely and in person in Washington, D.C., at 1 p.m. EST, CBP said in a notice. Comments are due by Dec. 6.
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.
Although some trade attorneys have been worrying that a Trump administration will discourage a Republican Congress from bringing back Generalized System of Preferences program tariff breaks for developing countries, members of the House Ways and Means Committee did not endorse that point of view.
Todd Owen, who served as executive assistant commissioner for field operations at CBP for about five years before retiring in 2020, argued that hundreds of millions of dollars for technology upgrades, and staffing expansions, would be more helpful to catch contraband in the small package environment than removing Chinese goods or other restrictions.