GDLSK

News

CONGRESSMAN LUKE MESSER INTRODUCED LEGISLATION H.R. 5886 TITLED “ILLICIT ART AND ANTIQUITIES TRAFFICKING PREVENTION ACT”

On May 18, 2018 Representative Messer proposed legislation (H.R. 5886) to add Art and Antiquities dealers to the financial reporting requirements of the Bank Secrecy Act (BSA). The proposed Bill was referred to the House Committee on Financial Services for further consideration.

PETITIONS FOR THE IMPOSITION OF ANTIDUMPING AND COUNTERVAILING DUTIES ON STEEL PROPANE CYLINDERS FROM THE PEOPLE’S REPUBLIC OF CHINA, TAIWAN, AND THAILAND

I. Type of Action: Antidumping Duty (“AD”): PRC, Thailand, Taiwan; Countervailing Duty (“CVD”): PRC

DAVID M. MURPHY WILL PRESENT “WHAT’S HOT” AT THE 32ND ANNUAL SPRING SEMINAR OF THE NATIONAL ASSOCIATION OF FOREIGN TRADE ZONES (NAFTZ) IN PORTLAND, OREGON ON MAY 22, 2018

David M. Murphy will present “What’s Hot” at the 32nd Annual Spring Seminar of at the National Association of Foreign Trade Zones (NAFTZ) on May 22, 2018.

PREPARE FOR THE OCTOBER 2018 CUSTOMS HOUSE BROKER LICENSE EXAM -ONLINE OR LIVE!

Prepare for the October 2018 Customs House Broker License Exam -Online or Live!

TRADE SANCTIONS AGAINST IRAN TO BE RE-IMPOSED

On May 8, 2018, the President announced that the United States is withdrawing from the Joint Comprehensive Plan of Action (JCPOA), and he signed a Presidential Memorandum directing that all trade sanctions against Iran that were lifted or waived under the JCPOA shall be re-imposed as soon as possible.

PROPOSED LEGISLATION FOR MONEY LAUNDERING REGULATIONS ON ART AND ANTIQUITY DEALERS

James McAndrew to attend a meeting with the House Financial Services Committee, on behalf of his client base, to discuss their proposed legislation to add dealers in art and antiquity to the list of regulated financial institutions under the Bank Secrecy Act (1991). Such legislation would subject the art trade to enormous regulatory and reporting requirements that, if not done in accordance with financial industry standards, could result in significant fines ,penalties, and even criminal liability.

NCBFAA PANEL ON PRIOR DISCLOSURE

On May 1, 2018, Frank Desiderio will participate as a panelist on the topic of “Prior Disclosures” at the National Customs Brokers and Freight Forwarders Association Annual Conference at the Westin Mission Hills Resort and Spa in Rancho Mirage, California.

PETITIONS FOR THE IMPOSITION OF ANTIDUMPING AND COUNTERVAILING DUTIES ON CERTAIN QUARTZ SURFACE PRODUCTS FROM THE PEOPLE’S REPUBLIC OF CHINA

I. Type of Action: Antidumping Duty (“AD”) and Countervailing Duty (“CVD”): PRC

GDLSK WINS TWO IMPORTANT CASES AT THE CIT, REVERSING COMMERCE’S ADVERSE ANTIDUMPING DECISIONS

Last week, GDLSK achieved two very important victories for our clients at the Court of International Trade (CIT), reversing Department of Commerce (Commerce) decisions regarding the assessment of antidumping duties on merchandise imported from China. Both of these decisions may have a favorable impact for other exporters/ importers of merchandise subject to antidumping duties.