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
De Minimis
Cassidy, Whitehouse Propose Customs Modernization Act to Enhance CBP Authority, Strengthen Enforcement
By Andrew J. Schlegel, Weronika Bukowski & Maria Vanikiotis on
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…