CBP will add a new ACE Entry Summary record for reporting either the value content for aluminum, steel and copper imports or the non-U.S. content for imports subject to the duties levied under the International Emergency Economic Powers Act, according to CBP's Development and Deployment Schedule for October. The agency began working on this enhancement this month, according to the schedule, which was announced via an Oct. 23 cargo systems message.
Twenty-seven amicus briefs were filed at the Supreme Court on Oct. 24 in opposition to the ability of President Donald Trump to impose tariffs under the International Emergency Economic Powers Act, bringing to 35 the total number of amicus briefs filed at the high court against the tariffs. The amici are a mix of law professors, current and former government officials, policy advocacy groups, economists and individual companies.
As importers find themselves in the cross-hairs of CBP's plans to ramp up trade enforcement, they can no longer rely solely on customs brokers and siloed trade compliance departments because the stakes have become too high, trade attorneys suggested during an Oct. 22 Foley & Lardner webinar.
Former Canadian and Mexican trade negotiators speculated at a think tank event about the likelihood that tariffs on goods from their home countries could be removed or lowered soon.
China’s recently issued rare earth export controls were likely a response to the Commerce Department’s 50% rule for the Entity List and highlighted the ongoing communication issues between the two sides, said David Sacks, the White House’s AI policy adviser.
RANCHO MIRAGE, Calif. -- As CBP ramps up trade enforcement, companies must not only strive to have their supporting documents in order, they also must scrutinize CBP's enforcement actions to ensure the agency is interpreting matters correctly, trade attorneys said at last week's Western Cargo Conference (WESCCON).
Although cargo volumes at the Port of Los Angeles have remained relatively strong compared with that at smaller U.S. ports, it doesn’t mean that the port has avoided feeling any impact of the U.S. trade policies, the executive director for the port said at a monthly media briefing earlier this week.
Section 232 tariffs on heavy- and medium-duty trucks and their parts and on buses will take effect Nov. 1, under a proclamation issued by President Donald Trump. Tariffs will be set at 25% for classes III through VIII trucks and their parts, and 10% on buses.
Section 232 tariffs on heavy- and medium-duty trucks and their parts and on buses will take effect Nov. 1, under a proclamation issued by President Donald Trump. Tariffs will be set at 25% for classes III through VIII trucks and their parts, and 10% on buses.
China is looking to shorten its export license application review times, and potentially issue exemptions, as it approaches the Dec. 1 effective date of its new rules to restrict overseas exports that contain certain levels of Chinese-origin material (see 2510090021), a Commerce Ministry spokesperson said Oct. 16 during a press conference.