At the opening of the 2024 African Growth and Opportunity Act Forum, U.S. and African trade leaders emphasized the importance of reauthorizing AGOA before its expiration in 2025 and discussed changes they would like to see to it to increase utilization, strengthen supply chains and support economic growth.
The U.S. has suspended liquidation for goods from the Impro Industries Mexico facility in San Luis Potosi, a Chinese-owned factory that makes parts used in automotive, energy, medical and agricultural sectors.
A coalition of business groups, including the U.S. Chamber of Commerce, the National Association of Manufacturers, the E-Merchants Trade Council, the National Foreign Trade Council and the Express Association of America, is pushing back against the de minimis legislation that was approved in the House Ways and Means Committee earlier this year, arguing that it would be "a massive cost to the federal government," shift trade to the mail, and create congestion at airports and a wave of abandoned packages.
The following lawsuits were filed at the Court of International Trade during the weeks of July 8-14 and 15-21:
CBP issued the following releases on commercial trade and related matters:
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website July 24, along with the case number(s) and CBP message number, is provided below. The messages are available by searching for the listed CBP message number at CBP's ADCVD Search page.
CBP has released its July 24 Customs Bulletin (Vol. 58, No. 29). While it contains Court of International Trade opinions, no customs rulings are included.
Momentum on a bill to prevent the sale of counterfeit goods in e-commerce has slowed, Rep. Darrell Issa, R-Calif., acknowledged. Earlier, he had hoped the Shop Safe (Stopping Harmful Offers on Platforms by Screening Against Fakes in E-commerce) bill would move in the House Judiciary Committee in May or June.
The Fish and Wildlife Service has given two South American bird species endangered species status under the Endangered Species Act of 1973. The final rule protecting the sira curassow (Pauxi koepckeae) and southern helmeted curassow (Pauxi unicornis) is effective Aug. 26, FWS said in a notice. Both species of large, ground-dwelling birds are found on the eastern side of the Andes Mountains, in narrowly defined areas in Peru and Bolivia.
Revenue from a 10% tariff on all U.S. imports could be offset by a tax cut, and together the two could result in an increase in incomes that would more than offset inflation caused by the tariff hike, according to an analysis released by the Coalition for a Prosperous America on July 24.