Section 232 tariffs on timber, lumber and their derivatives will take effect Oct. 14, under a proclamation issued by President Donald Trump. Tariffs will be set at 10% for timber and lumber, 25% for upholstered furniture and 25% on wooden cabinets and vanities.
China is launching a foreign-trade barrier probe on Mexico after the latter country announced plans this month to increase tariffs from certain non-free-trade-agreement countries, including a decision that will reportedly raise tariffs on Chinese cars from 20% to 50%. The investigation also will look into Mexico's duty increases for imports of Chinese textiles, clothing, plastics, steel, home appliances, aluminum, toys, furniture, footwear, leather goods, paper and cardboard, motorcycles and glass.
The scope of the products covered by 100% U.S. tariffs on "patented and branded medicines" is unclear, though both the EU and Japan will only be hit with 15% tariffs, a White House official told several news outlets.
The following are short summaries of recent CBP NY rulings issued by the agency's National Commodity Specialist Division in New York:
The Customs Rulings Online Search System (CROSS) was updated on Sept. 23 with the following headquarters rulings (ruling revocations and modifications will be detailed elsewhere in a separate article as they are announced in the Customs Bulletin):
A total of seven amicus briefs were filed at the Supreme Court in defense of President Donald Trump's ability to impose tariffs under the International Emergency Economic Powers Act. One of the briefs, filed by the America First Policy Institute, urged the Supreme Court to sustain Trump's IEEPA tariff action under Section 338 of the Tariff Act of 1930, while another, penned by University of Virginia law professor Aditya Bamzai, detailed how wartime powers have historically included the power to tax and argued that IEEPA should be read to include these powers (Donald J. Trump v. V.O.S. Selections, U.S. 25-250) (Learning Resources v. Donald J. Trump, U.S. 24-1287).
The Supreme Court set oral argument for the lead cases on the legality of tariffs imposed under the International Emergency Economic Powers Act for Nov. 5 (Donald J. Trump v. V.O.S. Selections, U.S. 25-250) (Learning Resources v. Donald J. Trump, U.S. 24-1287).
The Supreme Court set oral argument for the lead cases on the legality of tariffs imposed under the International Emergency Economic Powers Act for Nov. 5, part of an attempt to hear the cases on an expedited basis (Donald J. Trump v. V.O.S. Selections, U.S. 25-250) (Learning Resources v. Donald J. Trump, U.S. 24-1287).
British news outlets reported that there was an agreement to allow a small quota of British steel to enter the U.S. duty-free, and subject the rest of steel and aluminum products to the currently applicable 25% Section 232 tariff, but that the deal was abandoned shortly before President Donald Trump's arrival in London this week.
The following are short summaries of recent CBP NY rulings issued by the agency's National Commodity Specialist Division in New York: