TradeLane

As businesses brace for 2025, the European Union will introduce significant updates to the Harmonized System (HS) of tariff classification, effective 1 January 2025. These changes, encapsulated in the Combined Nomenclature (CN), are vital for companies engaged in international trade to ensure accurate classification and compliance. The upcoming revisions reflect advancements in statistical requirements, commercial policies, and technological developments.

On November 15, 2024, the Ministry of Commerce of the People's Republic of China, in conjunction with relevant departments, released the "Export Control List of Dual-Use Items of the People's Republic of China," deciding to arrange the controlled items using a coding system, known as China's ECCN, effective from December 1, 2024.

The publication of the List and the control codes provides an essential basis for export operators to apply for export licenses for related items and also facilitates the implementation of administrative licensing and supervision enforcement by the Ministry of Commerce and other departments, ensuring the effective implementation of export control. The detailed content is as follows:

The United States Trade Representative has opened a portal for submission of exclusion requests under Docket ID: USTR-2024-0020, “Requests for Temporary Exclusion for Machinery Used in Domestic Manufacturing.”

Earlier this year, the U.S. Department of Commerce issued its preliminary affirmative determination on AD/CVD duties for imports of aluminum extrusions from 14 countries.  These new AD/CVD cases significantly broadened the scope of the existing AD/CVD orders covering aluminum extrusions from China.

To improve satisfaction among Advanced Certification Enterprises (AEO Enterprises in China), the General Administration of Customs (GACC) has recently clarified the extension of the time limit for AEO enterprises to make voluntary disclosures without facing administrative penalties.