Senate Finance Chairman Ron Wyden (D-OR) recently introduced a bill that formalizes the legislation he released in August, the Fighting Illicit Goods, Helping Trustworthy Importers, and Netting Gains (FIGHTING) for America Act. The FIGHTING for America Act would remove de minimis treatment for goods impacted by the Generalized System of Preferences (GSP) program, as
De Minimis
Senate Finance Chairman Wyden Set to Unveil De Minimis Reform Legislation
By John Brew & Dmitry Bergoltsev on
Senate Finance Chairman Wyden (D-OR) is expected to soon introduce legislation that will target de minimis reform. The legislation, dubbed the Fighting Illicit Goods, Helping Trustworthy Importers, and Netting Gains (FIGHTING) for American Act, would prohibit goods impacted by Sections 232, 301, and 201, as well as those considered sensitive goods by GSP, from entering…
Cassidy, Whitehouse Propose Customs Modernization Act to Enhance CBP Authority, Strengthen Enforcement
Posted in Antidumping/Countervailing Duty (AD/CVD), Congress, Court of International Trade, Customs, De Minimis, Department of Commerce, Intellectual Property, International Trade Commission, Section 321, Supply Chain, U.S. Customs and Border Protection (CBP), U.S. International Trade Commission (USITC), U.S. Trade Policy
On December 8, Senate Finance Committee members Bill Cassidy (R-LA) and Sheldon Whitehouse (D-RI) introduced the “Customs Modernization Act of 2023.” The act, which would amend the Tariff Act of 1930 “to strengthen the authorities of U.S. Customs and Border Protection (“CBP”) to enforce the customs and trade laws of the United States,” enhances CBP’s…