Reps. Maria Elvira Salazar, R-Fla., and Andy Kim, D-N.J., introduced a bill last month that would cover Uruguay under the trade benefits in the Caribbean Basin Economic Recovery Act. "Uruguay is one of America’s best friends in South America and is a shining example of how economic freedom promotes prosperity," Salazar said in a news release. She said she wants to increase economic exchange between the two nations.
Cannabis industry companies should take stock of their import supply chains and CBP clearance procedures in the wake of actions against shippers for undervaluing merchandise, law firm Neville Peterson said in a Jan. 2 blog post. While undervaluation for cannabis-related goods "may have gone undetected due to CBP's unfamiliarity with" the products, CBP is "moving up a learning curve," allowing for easier detection and greater due diligence for importers, the post said.
CBP issued the following releases on commercial trade and related matters:
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website Dec. 29, 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 created Harmonized System Update (HSU) 2315 Dec. 29, containing 5,221 ABI records and 874 Harmonized Tariff Schedule records. HSU 2315 includes end of year 484(f) and 2024 annual stage rate changes, CBP said in a CSMS message.
Any 2024 Tuna Opening Moment Quota filers who received a “no lines subject to quota” message prior to 8:40 a.m. on Jan. 2 were asked by CBP to retransmit their entries prior to noon EST on Jan. 2. The appropriate response is “quota process pending” for entries filed properly, the agency said in a Jan. 2 CSMS message. Once that message is received, no further action is required, CBP said.
International Trade Today is providing readers with the top 20 stories published in 2023. All articles can be found by searching on the titles or by clicking on the hyperlinked reference numbers.
The International Trade Commission posted the 2024 Basic Edition of the Harmonized Tariff Schedule. The new HTS implements the restoration of AGOA benefits for Mauritania and their removal for the Central African Republic, Gabon, Niger and Uganda, as well as a lengthy list of 10-digit-level changes for fruits and vegetables, chemicals, medicaments and recycled aluminum. Changes were effective as of Jan. 1 unless otherwise noted.