On March 22, 2018, the House of Representatives approved “The Consolidated Appropriations Act-2018” (the “Act”), which includes a renewal of Generalized System of Preferences (GSP) through December 31, 2020.
David M. Murphy will co- present a webinar on “Understanding Classification” on behalf of the National Association of Foreign Trade Zones (NAFTZ) on April 25, 2018.
The City of San Francisco became the first major American metropolitan city to restrict the commercial trade of fur products.
Today the Department of Commerce (DOC) issued new regulations on the requirements for submitting exclusion requests from the upcoming Section 232 tariffs on steel and aluminum products. The tariffs of 25% ad valorem on steel and 10% ad valorem on aluminum take effect later this week for all entries for consumption on or after March 23, 2018. Products of Canada and Mexico are currently exempt.
Erik Smithweiss will be speaking on Wednesday March 21, 2018 on the new procedures for requesting exclusions from the Section 232 tariffs on steel and aluminum in a webinar for the Foreign Trade Association. The 25% tariff on steel imports and 10% on aluminum go into effect on March 23, 2018. For more information on the webinar and to register, please click here.
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I. Type of Action: Antidumping Duty (“AD”): Socialist Republic of Vietnam; Countervailing Duty (“CVD”): Socialist Republic of Vietnam;
Erik Smithweiss will be speaking on Friday March 9, 2018 on the proposed Section 232 tariffs on steel and aluminum in a webinar for the Foreign Trade Association. Earlier this week, President Trump reaffirmed his intention to impose a 25% tariff on steel imports and 10% on aluminum. For more information on the webinar and to register, please click here. https://www.foreigntradeassociation.com/event-2852487.
President Trump has indicated that he intends to proceed with imposing increased tariffs on certain imported steel and aluminum products, which could take effect as early as 15 days after the President makes a formal decision. The new tariffs will be based upon the recommendations contained in the Department of Commerce’s (“DOC”) reports on the impact of steel and aluminum imports on national security pursuant to the DOC’s self-initiated investigation under Section 232 of the Trade Expansion Act of 1962. The Reports were issued on January 11 for steel and January 17 for aluminum products. In the reports, the DOC recommended various actions to reduce the level of imports of these products including import quotas and/or increased tariffs (see below).
Richard Wortman will be speaking in Detroit on the topic of Broker Surveys and Audits on Wednesday, March 21, 2018 for the Detroit Customs Brokers and Forwarders Association (DCBFA). The seminar will be held at Park Place, 23400 Park St, Dearborn, MI 48124. Registration is at 11:30 am and Luncheon begins 12 pm Noon.