The case against the lists 3 and 4A tariffs is unlikely to be heard by the Supreme Court or the full U.S. Court of Appeals for the Federal Circuit, and the recent decision from the Federal Circuit upholding the tariffs likely gives the Trump administration greater confidence in using tariff authorities other than the International Emergency Economic Powers Act, various attorneys told us.
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 Sept. 25, 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 said in a Federal Register notice scheduled for Sept. 29 publication that the quarterly Internal Revenue Service interest rates used to calculate interest on overdue accounts (underpayments) and refunds (overpayments) of customs duties will remain the same in the calendar quarter that begins Oct. 1 as in the current quarter, which ends Sept. 30. The interest rates for underpayments will be 7% for both corporations and non-corporations, according to CBP. The interest rate for overpayments will be 7% for non-corporations and 6% for corporations.
Taiwanese bicycle manufacturer Giant Manufacturing is "firmly committed" to human rights and labor protection, the company said Sept. 25 after being targeted by a withhold release order from CBP (see 2509240006).
As seen in recent rulings and CBP audits on first sale, CBP is asking for more information supporting importers' claims of bona fide sales and arms' length sales, Kelly Nelson, managing director of tax, trade and customs at KPMG, said during a Sept. 25 webinar.
The U.S. government will try to make it very difficult for tariffs enacted through the International Emergency Economic Powers Act to be refunded should the Supreme Court vacate them, according to trade lawyer Michael Roll.
The scope of the products covered by 100% U.S. tariffs on "patented and branded medicines" is unclear, though both the EU and Japan will only be hit with 15% tariffs, a White House official told several news outlets.
A Federal Maritime Commission small-claims officer on Sept. 22 dismissed a complaint against ocean freight forwarder Sefco Export Management Co. and non-vessel-operating common carrier Schumacher Cargo Logistics, saying Dina Piteira of Portugal failed to show that the firms deliberately mishandled her shipment of two electric vehicles.
After China fought the U.S. to a draw, by throttling exports of rare earth magnets so that the U.S. dropped tariff levels and some export controls, former government officials, researchers and a businessman talked about what might come next.