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The Office of the U.S. Trade Representative has made available import statistics for the first nine months of 2016 that identify goods that could become ineligible for benefits under the Generalized System of Preferences.
With president-elect Donald Trump having repeatedly criticized TPP on the campaign trail, and with Republicans retaining control of both the House and Senate following last week’s elections, there appears to be no motivation for moving the 12-nation free trade agreement forward in the U.S.
The Food and Drug Administration has made available a final guidance for industry on the fee-based Voluntary Qualified Importer Program, which will provide for expedited review and importation of human and animal food by participating importers with a proven track record of food safety and security.
Many petitions seeking import tariff suspensions or reductions under the miscellaneous trade bill process have deficient article descriptions and are in danger of being rejected, according to the International Trade Commission. If these deficiencies are not addressed through the submission of revised petitions before the Dec. 12 deadline, the requested duty relief will not be granted.
In a Nov. 4 address to the World Shipping Summit in China, Federal Maritime Commission Chairman Mario Cordero said global shippers are “uneasy at best” about the growing number of alliances between ocean carriers. However, he said that both shippers and carriers have responsibilities in stabilizing the current ocean shipping environment.
Food importers should act now to design, test, and implement foreign supplier verification plans or risk supply chain disruptions, delays in entry processing, and possibly the exclusion of their products from the U.S. marketplace.
Importers of a common type of aluminum extrusion face substantial AD and CV duties following a preliminary determination by the DOC that these products are circumventing the AD and CV duty orders on aluminum extrusions from China. This action could have a significantly negative impact on a broad range of sectors that rely on these popular products and highlights the importance of having a comprehensive AD/CV monitoring program in place.
Although most of the initial regulatory revisions associated with the export control reform initiative have been completed, ECR “will never really end” because its objectives “are now baked into the system.” That was the message to attendees at the Bureau of Industry and Security’s recent Update Conference in Washington, D.C., from Assistant Secretary of Commerce for Export Administration Kevin Wolf, who asserted that ECR “has helped produce a more reliable, predictable, and transparent structure that benefits all of us.”
The World Trade Organization issued Nov. 2 expanded editions of two of its annual statistical publications, which provide detailed data on import/export flows and tariff rates in 2015.
Ann Ganzer, director of conventional arms threat reduction at the State Department, provided information on international nonproliferation export control regime activities at the Bureau of Industry and Security’s annual Update conference Nov. 1.
The 2017 HS includes 242 sets of amendments, including 85 in the agricultural sector, 45 in the chemical sector, 22 in the wood sector, 15 in the textile sector, six in the base metal sector, 25 in the machinery sector, 18 in the transport sector, and 26 in a variety of other sectors.
The Commercial Customs Operations Advisory Committee will hold an open meeting Nov. 17 in Washington, D.C.
The dialogue is part of what Commerce Secretary Penny Pritzker called a “renewed commercial engagement” that recognizes Argentina’s “impressive” efforts to develop “policies designed to improve and sustain the economic health of the country and secure long-term prosperity for Argentines.”
One man was sentenced to a 37-month prison term and a $100 special assessment and ordered to forfeit $45,698. The other was sentenced to a term of time served, 12 months of home confinement, a $2,600 fine, and two years of supervised release and was ordered to forfeit $45,698.