Vietnam is cracking down on transshipment schemes that falsely claim Vietnamese country of origin to avoid high tariffs on Chinese goods, according to a June 13 report in CustomsNews. Vietnam Customs has discovered dozens of certificate of origin violations so far, particularly in the textiles and apparel, seafood, agricultural, steel, aluminum and timber sectors, the report said.
Myanmar issued a notice June 6 that it will now allow foreign and joint venture companies to export certain foods and commodities, according to a report in the Yangon-based Myanmar Times. “Foreign companies with recommendations from relevant ministries [that] can buy the commodities from local producers will be issued licenses to export the goods,” the report said. Items authorized for export include rice, meat and fish, value-added crops, pulp and paper, seeds, refined metals, semi-finished or finished fruit products and wood-based furniture, the report said. “Notably, foreign companies in Myanmar will be allowed to export value-added rice and broken rice as well as beans, pulses and corn,” it said.
India’s Directorate General of Foreign Trade is raising minimum prices for imports of broken and whole cashews, it said in a notification issued June 12. For broken cashews of Indian tariff subheading 08013210, imports won’t be allowed if the CIF value is less than 680 rupees ($9.78) per kilogram, and for whole cashews of subheading 08013220, imports are prohibited unless the CIF value is above 720 rupees ($10.35) per kilogram, the notification said. Indian cashew growers said the move would put a stop to “dumping of cheap of low-quality nuts” from Africa and Southeast Asia, according to a report in The Hindu Business Line.
The China Cotton Association will request an exclusion for uncombed cotton from Chinese retaliatory tariffs on U.S. goods, according to a report from Reuters. The trade group published a notice on its website June 13 asking for information from its members on their cotton imports and the impacts on their businesses, which will be used in the submission to the Chinese Ministry of Finance. The period to request exclusions from China’s retaliatory tariffs ends July 5 (see 1905290034).
The Treasury’s Office of Foreign Assets Control is amending regulations to adjust for inflation by increasing the maximum amount of civil monetary penalties that the agency may impose for certain violations, OFAC said in a June 13 update on its website and a notice scheduled to be published in the June 14 Federal Register. The change was made “to implement for 2019 the Federal Civil Penalties Inflation Adjustment Act of 1990,” the notice said. OFAC is increasing the maximum amount of penalties that fall under the Trading with the Enemy Act, the International Emergency Economic Powers Act, the Antiterrorism and Effective Death Penalty Act of 1996, the Foreign Narcotics Kingpin Designation Act and the Clean Diamond Trade Act.
The Treasury’s Office of Foreign Assets Control announced a $40,000 settlement with Cubasphere and an unnamed individual for violating the Cuban Assets Control Regulations, OFAC said in a June 13 enforcement notice.
The Treasury’s Office of Foreign Assets Control announced a $325,000 settlement with Expedia Group Inc. for helping more than 2,000 people with “Cuba-related travel services” that OFAC said violated the Cuban Assets Control Regulations, according to a June 13 enforcement notice.
The Treasury’s Office of Foreign Assets Control announced a more than $220,000 settlement with Spain-based Hotelbeds USA for helping more than 700 people with Cuba-related travel services that violated the Cuba Assets Control Regulations, OFAC said in a June 13 enforcement notice.
Two top Trump administration agricultural officials said “substantial and immediate purchases” of U.S. agricultural goods are hinging on several current trade deals, but said they haven’t been told of any plan by Mexico to “immediately” purchase large amounts of U.S. agricultural goods, as President Donald Trump alluded to in a June 8 tweet.
Senate Intelligence Committee Vice Chairman Mark Warner, D-Va., and Sen. Marco Rubio, R-Fla., urged President Donald Trump's administration on June 13 not to use U.S. restrictions on Huawei as a “bargaining chip in trade negotiations” with China. The Commerce Department's Bureau of Industry and Security issued a notice adding Huawei and affiliates to a list of entities subject to export administration regulations beginning May 16 (see 1905160072). BIS issued a general license temporarily allowing certain transactions by Huawei and the affected affiliates through Aug. 19. Trump later said sanctions against Huawei could be part of trade negotiations with China.