The USTR announced on August 3rd that it will review Turkey’s eligibility for the Generalized System of Preferences (GSP) program that grants duty-free access to the U.S. market. GSP is a U.S. trade program designed to promote economic growth in the developing world by providing preferential duty-free entry for up to 4,800 products from
Section 232 Tariffs
Highlights from July 5th CBP Teleconference on Section 301 Requirements and Questions
On July 5, 2018, U.S. Customs and Border Protection (CBP) hosted a teleconference to review Section 301 filings requirements, allow members of the trade community to seek clarifications and raise questions, and outline resources CBP has in place.
The first set of Section 301 tariff increases is effective on July 6, 2018.
This is…
U.S. and Other Countries to Raise Additional Tariffs this Week
This week will see the implementation of previously announced tariff increases from the U.S., China, and Mexico.
Thursday, July 5 – Section 232 (Mexico)
Mexico will implement the second round of its retaliation for the U.S.’ increased tariffs on imports of certain steel and aluminum products with additional tariffs of 10-15% on pork and cheese…
Canada Announces U.S. Section 232 Retaliatory Tariff List – Effective July 1
On June 29, 2018, Canada released its retaliatory tariff list in response to the U.S. Section 232 tariffs on imports of certain steel and aluminum products from Canada at the rates of 25% and 10%, respectively.
The list is broken out into three tables. Items in Table 1 will be subject to a 25 per…
Section 232 Investigation on Imports of Autos and Auto Parts – Comment Period Extended
On June 21, 2018, the U.S. Department of Commerce published in the Federal Register an extended commenting schedule in the Section 232 investigation on U.S. imports of automobiles, including cars, SUVs, vans and light trucks, and automotive parts.
Commerce is now extending that comment period by a week from the initial deadline.
Interested parties are…
EU’s Section 232 Retaliation Tariffs Expected to Start in July
On June 6, the European Commission (Commission) issued a press release stating, “The College of Commissioners endorsed today the decision to impose additional duties on the full list of US products notified to the World Trade Organisation (WTO), as part of the EU’s response to the US tariffs on steel and aluminium products.”
The release…
CBP Issues Instructions to Importers on Using Approved Steel And Aluminum Product Exclusions
On June 5, U.S. Customs and Border Protection (CBP) issued a message providing instructions for importers who receive approval for a steel or aluminum product exclusion from the Department of Commerce (DOC).
The message states, “Upon receipt of the approved product exclusion from the DOC, for the importer of record listed in the approved exclusion,…
No Section 232 Product Exclusions for Countries Subject to Steel or Aluminum Quotas
Media sources are reporting the Department of Commerce will not consider steel and aluminum product exclusions for countries subject to quotas. Only countries facing the tariffs will be considered for product exclusions.
Currently, South Korea, Brazil, and Argentina have agreed to an absolute quota deal on certain steel products that are subject to the Section…
U.S. Allies Release Lists of Retaliation Tariffs on American Exports
On May 31, 2018, the Department of Commerce announced the imposition of tariffs on imported steel and aluminum products from Canada, Mexico, and the European Union (EU). The 25 percent tariff on imported steel and the 10 percent tariff on imported aluminum products officially took effect on June 1, 2018. Canada, Mexico, and the EU…
President Imposes Section 232 Steel and Aluminum Duties on Imports from the European Union, Canada, and Mexico
On May 31, 2018, President Trump signed two new presidential proclamations adjusting steel and aluminum duties initiated under Section 232 of the Trade Expansion Act of 1962.
These ended temporary exemptions of duties for imports of steel and aluminum products from the European Union (EU), Canada, and Mexico. As a result, a 25 percent duty…