Goods entered using a Chapter 98 provision that avoids International Emergency Economic Powers Act tariffs must still list the otherwise applicable IEEPA Chapter 99 classification on the entry, CBP said in a Dec. 5 update to its FAQ on IEEPA tariffs. Otherwise, ACE will reject the submission, the agency said.
Reductions of reciprocal tariffs on South Korea, as well as of Section 232 tariffs on South Korean lumber, will take retroactive effect Nov. 14 under a recently agreed trade deal, according to a notice released Dec. 3 by the Office of the U.S. Trade Representative and the Commerce Department.
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.
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.
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.
President Donald Trump issued an executive order late Nov. 14 exempting many agricultural products, including food, from all reciprocal tariffs. The executive order said the new tariff exemptions took effect at 12:01 a.m. Nov. 13.
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.
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.
CBP released guidance on Section 232 import duties for medium- and heavy-duty trucks, medium- and heavy-duty truck parts, and buses via an Oct. 29 cargo systems message.
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.