The Customs Rulings Online Search System (CROSS) was updated Aug. 24. The following headquarters rulings were modified recently, according to CBP:
International Trade Today is providing readers with some of the top stories from Aug. 17-21 in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
After the first high-level review of the phase one trade deal, the principals talked about progress and ensuring the success of the U.S.-China trade agreement, but some believe the happy talk can't obscure that China and the U.S. are disentangling their mutual dependency in tech goods and services. “There is a re-alignment that is happening in real time,” Rideau Potomac Strategy Group President Eric Miller said in an Aug. 25 phone interview, the day after the call. U.S. and Chinese trade officials reemphasized their commitment to the phase one agreement during the Aug. 24 call, the Office of the U.S. Trade Representative said.
CBP issued the following releases on commercial trade and related matters:
CBP created Harmonized System Update (HSU) 2007 on Aug. 21, containing 416 Automated Broker Interface records and 77 Harmonized Tariff Schedule records, it said in a CSMS message. The update covers recent Section 301 tariff exclusions and the Section 232 tariffs on aluminum from Canada. Further information: Jennifer Keeling, Jennifer.L.Keeling@cbp.dhs.gov
More companies are seeking drawback payments as the economic slowdown has increased the importance of cash on hand, CBP officials and industry executives said during the American Association of Exporters and Importers virtual conference Aug. 20. “In general, I would say COVID's had a major impact on our businesses and it's also made our company even more focused on getting cash in the door,” said Kathleen Palma, senior executive for international trade compliance at GE. “One of the levers that our leadership has been looking at has been drawback.” At the same time, Palma expects that because the company is bringing in fewer shipments, that will be reflected in fewer drawback claims going forward.
The Office of the U.S. Trade Representative will exclude two more products from the third list of Section 301 tariffs on products from China, it said in a notice released Aug. 21. The exclusions will apply retroactively to Sept. 24, 2018, the date the tariffs on the third list took effect, and through Aug. 7, 2020, it said. The new exclusions will fall under previously created subheading 9903.88.48.
During the second of two hearings aimed at satisfying primarily Florida and Georgia farmers frustrated with lost market share to Mexican competitors, officials from the Commerce Department, the U.S. Department of Agriculture and the Office of the U.S. Trade Representative on Aug. 20 heard vastly different views of how Mexican vegetable and fruit producers deserve to be treated (see 2008180034). Blueberry, zucchini, cucumber and bell pepper farmers from Georgia testified again and again that Mexicans can sell these items cheaper than they can, because of much lower labor prices, because of stricter environmental regulations in the U.S., and because Mexican producers have gotten government help to build shade houses, greenhouses and hoop houses.
CBP issued the following releases on commercial trade and related matters:
International Trade Today is providing readers with some of the top stories from Aug. 10-14 in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.