TradeLane

**Update: CBP has notified the trade that HTS 9903.88.67 will be activated in ACE on April 12^th. Entries filed between April 12^th, 2022, and December 31^st, 2022, may claim the exclusion at time of importation using this HTS. Importers who paid Section 301 duty on entered merchandise that is now subject to an exclusion between October 12^th, 2021 and April 11^th, 2022 may recover previously paid duty via a Post Summary Correction (PSC). Tradewin may help with exclusion determinations and helping you build a post entry strategy.**

On March 24^th, 2022, the United States Trade Representative (USTR) issued an announcement reinstating certain product exclusions previously granted and expired for items subject to 301 duties. There are 352 product types that have been reinstated as part of this list, covering a broad range of commodities.

Importers, exporters, and producers trading within North America have been rapidly preparing for the July 1^st implementation of the US Mexico Canada Agreement (USMCA).

Following a decisive win by the conservative party in a recent UK General Election, on December 20th, 2019 the UK House of Commons approved the Withdrawal Agreement Bill (WAB) governing the UK’s departure from the European Union (EU). In parallel, the bill was approved by European Parliament on January 29th, 2020.

Parliament in the United Kingdom is currently debating approval of the Withdrawal Agreement Bill (WAB) that outlines a potential future relationship between the United Kingdom and European Union after Brexit.

The UK has requested that the European Union extend the Brexit deadline to January 31, 2020, in order to properly scrutinize this bill. Additionally, the Prime Minister has called for a general election to occur in December, if an extension is granted. 

A change in Prime Minister in the UK on July 24th has renewed focus on Brexit and its impacts across the Eurozone. Currently, the UK is set to leave the European Union (EU) on October 31st, with or without a deal. Given that the current withdrawal agreement between the EU and the UK has been voted down three times by the UK parliament, and due to the renewed political prioritization of no-deal planning by the current government, trade compliance professionals are building their Brexit plans with the assumption of no deal.