CBP has released its Oct. 16 Customs Bulletin (Vol. 58, No. 41). While it contains recent court decisions, no customs rulings are included.
President Donald Trump will be receptive to Sen. Bill Cassidy's proposal to impose a carbon border tax, predicted Dave Banks, a former energy and environment expert in the National Economic Council and National Security Council during the first Trump term.
Trade groups representing corn and soybean farmers say that if Donald Trump imposes 60% tariffs on Chinese imports, as he has promised to do if re-elected, it would devastate their exports to China.
The strong differences in tariff and immigration policies whether Donald Trump or Kamala Harris wins the election made it difficult for a think tank's economic outlook, but Alejandro Werner, a senior fellow at the Peterson Institute for International Economics, said that Mexico will have a slow-down in foreign investment over the next couple of years because of "the uncertainty associated with the continuation of the USMCA regardless of who wins the election."
The Federal Maritime Commission is “carefully” reviewing fees and other surcharges announced, implemented or suspended by ocean carriers and terminal operators during labor strikes at U.S. East and Gulf coast port terminals earlier this month (see 2410010048), the commission said Oct. 11. The FMC’s said it's examining those fees’ “relevance and legality,” adding that all charges “must be reasonable, clearly defined, and serve a specific measurable purpose.” Shippers or other parties who believe they were wrongly billed should contact the FMC to try to resolve their dispute, report an alleged legal violation or file a complaint, the FMC said.
The International Trade Commission published notices in the Oct. 15 Federal Register on the following 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 International Trade Commission seeks comments by Oct. 23 on a Section 337 complaint filed by chemical giant DuPont and several affiliates that seeks a general exclusion order blocking imports of knock-off Tyvek. In its Oct. 9 complaint, DuPont said Kingwills and Dangs are manufacturing flash-spun nonwoven material that infringes its Tyvek trademark, and wrongfully rely on DuPont’s stolen proprietary information and misappropriated trade secrets. The complaint also identified several downstream customers of Kingwills and Dangs, and DuPont also seeks cease and desist orders against those companies, as well as Kingwills and Dangs.
The Commerce Department published notices in the Federal Register Oct. 15 on the following AD/CV duty proceedings (any notices that announce changes to AD/CV duty rates, scope, affected firms or effective dates will be detailed in another ITT article):
The Commerce Department intends to add an exemption from antidumping and countervailing duties for certain types of wheel studs, the agency said in the initiation and preliminary results of a changed circumstances review of the AD order on alloy and certain carbon steel threaded rod from China (A-570-104) and the CVD order on carbon and alloy steel threaded rod from China (C-570-105).
The Commerce Department released the final results of the antidumping duty administrative review on carbon and alloy steel threaded rod from India (A-533-887). These final results will be used to set final assessments of AD on importers of subject merchandise entered April 1, 2022, through March 31, 2023.