The White House released President Donald Trump’s executive order extending the application of 10% reciprocal tariffs under subheading 9903.01.25 to China. The suspension of China’s higher country-specific tariff under subheading 9903.01.63 – currently set at 34% but previously as high as 125% -- will now remain in effect until 12:01 a.m. Nov. 10, the executive order said.
The president's trade team has been suggesting that its definition of transshipment is different than what the word has traditionally meant -- that they will assign country of origin based on how much of the finished good was made from local inputs.
A Federal Maritime Commission small claims officer on Aug. 7 dismissed a complaint against New Jersey-based Citi Freight Logistics (CFI) and Best International Cargo (BIC) of Canada, saying HP Logistics (HPL) failed to show that the firms engaged in unfair charging practices for dismantling and shipping an excavator from Tennessee to Vietnam.
International Wood Group (IWG) and Honest Trading International accused DB Schenker, a non-vessel operating common carrier and freight forwarder, of mismanaging five of their shipments since last year, causing them to incur “substantial” financial losses and hurting their ability to do business, according to a complaint filed with the Federal Maritime Commission Aug. 5.
Florida-based Worldwide Nexus Logistics has accused ocean carrier Wallenius Wilhelmsen of losing possession of three boats it was supposed to ship from the U.S. to Chile, according to a complaint filed with the Federal Maritime Commission in late July.
Beijing pushed back on the notion that the U.S. is considering secondary tariffs against China for purchasing Russian oil, saying it has a right to buy Russian energy.
The International Trade Commission published notices in the Aug. 8 Federal Register on the following antidumping and countervailing duty (AD/CVD) injury, Section 337 patent or other trade proceedings (any notices that warrant a more detailed summary will be in another ITT article):
The Commerce Department published notices in the Federal Register Aug. 8 on the following antidumping and countervailing duty (AD/CVD) proceedings (any notices that announce changes to AD/CVD rates, scope, affected firms or effective dates will be detailed in another ITT article):
The Commerce Department has published the preliminary results of its antidumping duty and countervailing duty administrative reviews on common alloy aluminum sheet from Turkey (A-489-839/C-489-840). In the final results of this review, Commerce will set AD assessment rates for subject merchandise for the companies under review entered April 1, 2023, through March 31, 2024, and CVD assessment rates for entries during calendar year 2023.
The Commerce Department released the preliminary results of its antidumping duty administrative review on common alloy aluminum sheet from Taiwan (A-583-867). The agency preliminarily calculated a 0.71% AD rate for the one company under review, C.S. Aluminium Corporation (CSAC). If the agency's findings are continued in the final results, importers of subject merchandise from CSAC entered April 1, 2023, through March 31, 2024, will be assessed AD at importer-specific rates. Any changes to the cash deposit rate would take effect on the date of publication in the Federal Register of the final results of this review, which are due in December.