The Customs Rulings Online Search System (CROSS) was updated Jan. 10. The following headquarters rulings were modified recently, according to CBP:
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.
Gary Yacoubian, CEO of high-end speaker company SVS wants people to imagine going to bed one night, “and you wake up the next morning, and your cost of goods just went up by 15%,” he told a CES 2022 trade and supply chain workshop Jan. 5 of the Section 301 tariffs on finished speakers and subwoofers his company imports from China. Speakers and subwoofers with List 4A tariff exposure were originally dutied at 10% when they took effect in September 2019, and were later raised to 15%, then cut to 7.5% with the February 2020 enactment of the phase one trade deal with China.
The following lawsuits were filed at the Court of International Trade during the week of Dec. 27 - Jan. 2:
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.
International Trade Today is providing readers with the top 20 stories published in 2021 in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference numbers.
A Sandler Travis lawyer, looking forward to trade developments in 2022, said CBP is scheduled to issue a final rule in February for USMCA implementation, including applying the part 102 rules for nonpreferential purposes to goods produced in Canada and Mexico (see 2107010045). "This would avoid situations where goods could qualify under the USMCA as a product of Mexico, but still be hit with Section 301 tariffs," Mark Tallo said on the firm's "Two Minutes on Trade" podcast.
The following lawsuits were filed at the Court of International Trade during the week of Dec. 20-26:
Importers of nonwoven wipes entered under certain tariff subheadings should file post-summary corrections within the next 60 days to reflect changes to a Section 301 tariff exclusion recently amended by the Office of the U.S. Trade Representative, CBP said in a CSMS message Dec. 27.
The National Association of Foreign-Trade Zones has long argued that barring goods produced in FTZs from qualifying for USMCA tariff benefits makes no sense, if the goods would otherwise meet rules of origin, and that the restriction puts FTZ production at a disadvantage compared to Mexican and Canadian production.