CBP announced the trade associations and companies represented on its 90-member task force that is currently developing new customs legislation as part of CBP’s 21st Century Customs Framework, as well as the identities of the 12 participants in the “focus group” that will vet the task force’s recommendations, in two documents released July 19. The task force includes 43 members from the trade community, as well as participants from CBP and other government agencies.
The Treasury Department and the State Bank of Vietnam announced July 19 that they have “reached agreement to address Treasury’s concerns about Vietnam’s currency practices as described in Treasury’s Report to Congress on the Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States.” While the news release does not explicitly say this resolves the Section 301 investigation over currency at the U.S. Trade Representative, it does say, “Treasury will inform other U.S. government agencies that it has reached agreement with the SBV to address Treasury’s concerns about Vietnam’s currency practices.”
President Donald Trump did not violate procedural timelines when he raised tariffs on Turkish steel from 25 to 50% in August 2018, beyond the 90-day deadline and 15-day implementation period for initial Section 232 tariffs, the U.S. Court of Appeals for the Federal Circuit said in a July 13 opinion. Reversing a Court of International Trade decision, the Federal Circuit threw a wrench in a key argument against certain Section 232 tariffs that action beyond the statutory timelines should not be allowed.
The Court of International Trade will stop liquidation of unliquidated entries subject to the List 3 or 4A Section 301 China tariffs imported by the thousands of plaintiffs in the Section 301 litigation, a majority of judges on the three-judge CIT panel said in a July 6 opinion that granted a preliminary injunction. "To give the parties time to implement appropriate procedures, gather pertinent information, and otherwise take necessary action to comply with this order, the court will temporarily restrain liquidation of any unliquidated entries of merchandise imported from China by any plaintiffs in the Section 301 Cases which are subject to List 3 or List 4A duties," it said.
The International Trade Commission posted its mid-year update to the Harmonized Tariff Schedule. Publication had been “delayed due to technical difficulties,” the ITC website said. Changes take effect July 1.
CBP issued an interim final rule that implements several provisions included within the USMCA. The rule, which took effect July 1, implements USMCA language on import and export requirements, "general verifications and determinations of origin, commercial samples, goods re-entered after repair or alteration in Canada or Mexico, and penalties," among other things. Another interim final rule to implement other USMCA provisions will also be issued "at a later date," said CBP.
CBP will be detaining silica-based products made by Hoshine Silicon Industry Co., Ltd. and its subsidiaries under a new withhold release order, the White House announced June 24. The agency said there is information that indicates that Hoshine used forced labor in manufacturing these products. The polysilicon produced in the Xinjiang region of China is a core material in solar panels made in Asia.
The U.S. and European Union are ending the longest trade dispute in the history of the World Trade Organization, and are moving from litigation to cooperation, the European Commission said in a news release. The White House said the tariffs are suspended for five years, which is a "fresh start," but allows the U.S. "to reapply tariffs if we’re no longer competing on a level playing field." Should the EU "cross a red line and U.S. producers are not able to compete fairly and on a level playing field, the United States retains the flexibility to reactivate the tariffs that are being suspended," said U.S. Trade Representative Katherine Tai during a call with reporters.
Goods from the United Kingdom, Spain, Turkey, Italy, Austria and India will face new 25% Section 301 tariffs in response to digital services taxes if negotiations don't produce a resolution, U.S. Trade Representative Katherine Tai said in a June 2 news release. The tariffs are suspended for up to 180 days, as the Organization for Economic Cooperation and Development continues to negotiate international tax agreements.
President Donald Trump's addition of Section 232 tariffs on finished products of steel and aluminum was “invalid,” Court of International Trade Judges Timothy Stanceu and Jennifer Choe-Groves said in an April 5 ruling. The ruling is the result of a challenge from PrimeSource Building Products, which said the presidential proclamation that imposed the tariffs on steel and aluminum “derivatives” was improper because it was issued after the statutory deadline.