The International Trade Administration is proposing to establish an aluminum import monitoring and analysis system, similar to the system the ITA has used for steel since 2005, to monitor for import surges as well as potential transshipment and circumvention of U.S. trade measures, including tariffs. Comments on this proposed rule are due no later than May 29.
Under the proposed AIM system, importers of basic aluminum products (see attached notice for full list) would be required to obtain an import license for each shipment and provide the license number to U.S. Customs and Border Protection as part of the entry summary or its electronic equivalent. Import license applicants would be required to identify the country where the aluminum used in the manufacture of the imported product was smelted and poured, and the ITA would release this data on an aggregate basis.
Aluminum import licenses would be issued automatically to registered importers, customs brokers, or their agents after completion of the application form. Licenses would be issued for single use and would be specific to a shipment, although they could cover multiple products as long as the information at the top of the application is the same. Licenses would remain valid for up to 75 days.
No import license would be required for informal entries of aluminum products, such as those valued at less than $2,500. For shipments containing less than $5,000 worth of aluminum, applicants could apply for a reusable low-value license.
For more information, please contact trade attorney Kristen Smith at (202) 730-4965.
Copyright © 2022 Sandler, Travis & Rosenberg, P.A.; WorldTrade Interactive, Inc. All rights reserved.