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
International Trade Commission
ITC Makes First Affirmative Determination Citing Currency Undervaluation as a Countervailable Subsidy
On June 23, 2021, the U.S. International Trade Commission (ITC) announced its final determination in the antidumping and countervailing duty investigation into passenger vehicle and light truck tires (PVLT). The ITC voted in the affirmative, finding that imports of products from Vietnam harmed the domestic industry. The decision marks the final hurdle for Commerce to…
How Companies Can Combat Knockoffs At And Beyond ITC This Year
Even before the COVID-19 pandemic, knockoffs were a $500 billion global criminal enterprise, predicted to double by 2022 with the exponential rise in e-commerce. 2020’s pandemic accelerated both phenomena: Within three months of onset in the U.S., online shopping spiked 32%, throwing open the door to fake fashion, electronics, medicines and more.
Now more than…
Unfair Import Investigations Rise at ITC—Particularly as to Trade Secrets
Last year saw a marked uptick in unfair import investigations at the International Trade Commission (ITC), with an especially strong close to the year: eight new complaints in December alone brought the year’s total to 62 new complaints to the Commission, well above the ten-year average of 49. Complaints alleging trade secret misappropriation rose particularly,…