COVID-19 Trade Impacts Resource Page
Visit our COVID-19 Trade Impacts Resource Page for information on the effects the COVID-19 pandemic is having on trade operations, worldwide import/export changes, and how companies can respond.
Tariff Actions Resource Page
Visit our Tariff Actions Resource Page for information, deadlines and resource documents on the various U.S. tariff actions and the responses by the rest of the world.
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President Trump issued Jan. 10 an executive order authorizing the imposition of additional sanctions against any individual or entity owning, operating, trading with, or assisting the textiles, construction, manufacturing, and mining sectors of the Iranian economy.
The U.S.-Mexico-Canada Agreement has been signed and implementing legislation is making its way through Congress. The USMCA will update and revise NAFTA in a number of ways, including with respect to textiles, apparel, footwear, and bags.
U.S. Customs and Border Protection has selected the first nine participants for its Section 321 data pilot, which is testing the transmission of additional data elements for Section 321 goods in advance of their arrival. CBP has also announced plans to expand the pilot to all interested and qualified participants early this year.
The seventh edition of the Harmonized System nomenclature used all over the world for the uniform classification of goods traded internationally has been accepted by all HS contracting parties and will come into force Jan. 1, 2022. According to the World Customs Organization, HS 2022 includes 351 sets of amendments covering a wide range of goods.
The International Trade Commission has received more than 4,000 petitions seeking new or continued temporary duty suspensions or reductions under the miscellaneous trade bill process.
The Trump administration’s import tariff increases have been a drag on U.S. manufacturing employment and have failed to increase the sector’s output, according to a recent Federal Reserve Board report.
Affected products include leather briefcases, storage containers, woven fabrics, steel staples, steel clamps and poles, aluminum items, hand tools, flatware, pumps, auto parts, winches, tie down straps, mobile phone chargers, video cameras, tanning lamps, muscle stimulation devices, bike saddles, microscopes, metal chairs, hunting stands, wheeled trays, and baby crib liners.
U.S. Customs and Border Protection has issued filing instructions for claiming preferential duty treatment under the U.S.-Japan Trade Agreement, which is effective Jan. 1.
The Environmental Protection Agency has published a list of the next 20 chemicals that will undergo risk evaluation under the amended Toxic Substances Control Act.
An extension for up to 12 months of the second set of exclusions from the Section 301 additional tariff imposed on List 1 goods from China is under consideration by the Office of the U.S. Trade Representative. Comments may be submitted between Jan. 15 and Feb. 15.
House Ways and Means Committee Chairman Richard Neal (D-Mass.) and Trade Subcommittee Chairman Earl Blumenauer (D-Ore.) have asked the ITC to conduct an investigation on the potential economic effects on U.S. fishermen of competition with illegal, unreported, and unregulated seafood imports.
Comments filed by ST&R said CBP’s proposal would have materially and improperly altered the plain meaning of the rules and was therefore “patently incorrect.”
Legislation to implement the U.S.-Mexico-Canada Agreement updating NAFTA passed the House of Representatives Dec. 19 by a vote of 385 to 41. Senate Majority Leader Mitch McConnell, R-Ky., has said he will bring the bill up for Senate consideration in January after a trial concerning the impeachment of President Trump.
U.S. Customs and Border Protection still needs to make improvements to its handling of drawback claims to ensure it does not pay out excessive amounts, according to two recent reports.
Recent agreements resolving trade concerns with China, Canada, and Mexico could leave the U.S. free to expand its trade war to the European Union in 2020, U.S. Trade Representative Robert Lighthizer suggested this week. However, new EU leaders are moving to strengthen the bloc’s ability to respond to any U.S. offensive.
A revised policy regarding voluntary disclosures of export control and sanctions violations has been issued by the Department of Justice. A DOJ press release suggests that these revisions, which were effective as of Dec. 13, are designed to persuade more companies to submit VSDs than have done so after the department issued its first guidance on this issue in October 2016.
President Trump announced Dec. 13 a phase one trade agreement with China under which the U.S. will not impose the additional 15 percent tariff on List 4B goods imported from China that was set to take effect Dec. 15.
U.S. trade sanctions against the European Union stemming from a long-running dispute over the EU’s acceptance of hormone-treated beef will not be reinstated following a recent bilateral agreement on beef trade, according to the Office of the U.S. Trade Representative.