Suspension of liquidation and antidumping and countervailing duty cash deposit requirements took effect June 28 for imports of ferrosilicon from Russia (A-821-838/C-821-839), after the Commerce Department made affirmative preliminary determinations in its ongoing AD/CVD investigations.
On July 1, the FDA posted new and revised versions of the following Import Alerts on the detention without physical examination of:
A request South Korea made in 2018 to be able to export yarns (5403.39 or 5108), viscose rayon staple fibers (5504.10 or 5507.00), and knitted or crocheted parts of garments or accessories (6117) under the U.S.-Korea Free Trade Agreement that aren't originating under the rules of origin will be fulfilled Aug. 1. The comment period (see 1810160047), International Trade Commission study (see 1903130033) and U.S. consultation and layover process took two years. Then it took South Korea nearly four years to modify its own rules of origin so that U.S. producers could also export the same goods under the same rules. The changes were made because there is no commercial availability of these products in South Korea.
The following lawsuits were filed at the Court of International Trade during the weeks of June 10-16, 17-23 and 24-30:
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 July 1, 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 will on Sept. 17 deploy new ACE functionality to “allow for drawback of Petroleum Superfund taxes,” it said in a July 1 update to its ACE Development and Deployment Schedule. CBP last year said it was unable to process accelerated payment requests for drawback on the superfund taxes, which took effect in 2022 (see 2304210071. The agency also pushed back from June to July the date that it will add broker account access to partner government agency documents via the modernized ACE portal.
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.
The International Trade Commission posted Revision 4 to the 2024 Harmonized Tariff Schedule. The semiannual update to the HTS adds new 10-digit tariff numbers for a variety of products, including integrated circuits and plantation-harvested teak. All changes take effect July 1, unless otherwise specified.
Changes to the USMCA rules of origin (ROOs) have "had a positive economic impact on the U.S. and North American auto industry, although with some challenges in implementation and new challenges emerging," according to the Office of the U.S. Trade Representative. The USTR report to Congress, mandated by Congress when NAFTA was rewritten, noted that carmakers "are still adjusting to the full scope of USMCA’s autos rules," with 13 entities given extended time to meet the stricter rules, at least for some models.