The Drug Enforcement Administration issued a proposed rule May 21 to reschedule marijuana as a Schedule III substance under the Controlled Substances Act. If the transfer is finalized, regulatory controls applicable to Schedule III substances would apply, though “existing marijuana-specific requirements” will continue to apply and “additional controls … might be implemented,” including import and export authorization requirements under the Convention on Psychotropic Substances, the DEA said. Marijuana would also remain subject to FDA regulation, and a “drug containing a substance within the CSA's definition of ‘marijuana’ would need FDA approval” to be introduced into interstate commerce, unless an investigational new drug application is in effect. Marijuana is currently classified in Schedule I. Comments are due July 22.
The International Trade Commission published notices in the May 21 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 Commerce Department published notices in the Federal Register May 21 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 has published the preliminary results of its antidumping duty administrative review on large diameter welded pipe from Canada (A-122-863). Rates calculated in this review will be used to set assessment rates for importers of subject merchandise from one producer and exporter and its affiliates that was entered May 1, 2022, through April 30, 2023.
On May 20, the FDA posted new and revised versions of the following Import Alerts on the detention without physical examination of:
The Foreign-Trade Zones Board issued the following notices on May 21:
The top Democrat on the House Ways and Means Committee and Senate Finance Committee Chair Ron Wyden, D-Ore., asked the U.S. trade representative to upgrade its trade negotiations with Kenya so that it's working toward a goal of a comprehensive trade agreement.
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website May 20, 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 issued the following releases on commercial trade and related matters:
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.