As CBP ramps up enforcement, the agency often seems to be heading straight for penalties, as witnessed anecdotally by the trend to send out more notices of action, or CF-29 forms, instead of informing importers of possible errors, according to trade experts speaking on a Nov. 20 webinar hosted by logistics company Expeditors.
President Donald Trump issued an executive order Nov. 20 exempting 238 tariff schedule subheadings covering agricultural products from the 40% additional International Emergency Economic Powers Act tariff on Brazil. The new exemptions take retroactive effect Nov. 13 at 12:01 a.m ET.
CBP is amending its regulations for the Air Cargo Advanced Screening program, or ACAS, to collect additional data on flights carrying cargo to the U.S., according to a Federal Register notice.
Democrats on the House Small Business Committee said tariffs are leading to a decline in the manufacturing sector, with mixed reactions from the witnesses at a "How Main Street is Revitalizing Manufacturing" hearing.
As a Russia sanctions bill appears to have more momentum (see 2511170041), Democratic senators declined to say what tariff levels would be effective or appropriate if it becomes law.
As importers seek to recover the monies they paid in tariffs due to discovering they overpaid or because the Supreme Court may potentially rule that the International Emergency Economic Powers Act tariffs aren't valid, there are a number of pain points that they may be facing now or will be facing, according to panelists speaking on a Nov. 18 webinar hosted by KPMG.
President Donald Trump's tariffs will last beyond his term in office, former Commerce Secretary Gina Raimondo predicted during a Nov. 19 event hosted by Bloomberg.
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.
An Indonesian jewelry company and its co-owner, along with two other employees, were charged last week with taking part in a scheme to evade over $86 million in customs duties on jewelry imports, the U.S. Attorney's Office for the District of New Jersey announced. Two of the individuals, Indonesian national Icha Anastasia and Italian national Claudio Fogale, were arrested last week and each charged with one count of conspiracy to commit wire fraud (United States v. PT Untung Bersama Sejahtera a/k/a UBS Gold, D.N.J. # 2:25-12158).
CBP has issued a withhold release order against imports manufactured in Mauritius by Firemount Group based on information CBP said "reasonably indicates" the use of forced labor.