CBP is informing the Office of Management and Budget that it is revising instructions for Form 7501, which is used for entry summary filing, to clarify what defines country of melt and pour for steel imports and what defines country of smelted and cast for aluminum imports, according to a Federal Register notice.
Since the United Kingdom's National Health Service has agreed to pay more for new medicines, the Trump administration is pledging "to exempt U.K.-origin pharmaceuticals, pharmaceutical ingredients, and medical technology from Section 232 tariffs and will refrain from targeting U.K. pharmaceutical pricing practices in any future Section 301 investigation for the duration of President [Donald] Trump’s term."
Manufacturing trade groups and companies mostly argued in comments to the U.S. Trade Representative that USMCA rules of origin for their sectors shouldn't change as part of the pact's review, and if they do, it should be only after extensive consultation with industry, and with adequate transition times.
EU ministers and Parliament members this week urged the bloc to respond forcefully to China’s rare earth export restrictions if Beijing doesn’t repeal them or swiftly grant export licenses to European companies. Some also said they’re skeptical Beijing’s one-year suspension for some of its export controls will last.
CBP's regulations regarding the notice provided to importers subject to Enforce and Protect Act investigations and when CBP must initiate those investigations violated an importer's due process rights, the Court of International Trade held on Nov. 26.
Rep. Brian Fitzpatrick, R-Pa., said Nov. 21 that he plans to file a discharge petition to force a House vote on a bill to impose additional sanctions on Russia and new tariffs on countries that buy its oil and gas.
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.
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.
A think tank says a surgical modernization of CAFTA-DR is the best approach for the future of the free trade agreement, though allowing Central American countries or the Dominican Republic to join USMCA is another option.
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.