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.”
Norman Lubeck
Recent Posts
Most of us have heard of the terms “sanctions” and “embargoes.” They are often used interchangeably, but they are quite different.
Trade sanctions target specific types of transactions, as in a prohibition to sell arms to a specific business, country, government, or regime. An embargo represents a complete prohibition of all trade activities between countries.
Topics: Export Consulting, Import Consulting
This placeholder has been on the CBP website for a while now:
Do you trade in derivative aluminum and steel products? Do your imports include stranded wire, nails, tacks, and bumper stampings? If so, you have been paying Section 232 duties in the amount of 10% (aluminum) or 25% (steel) for the last few years, and need to pay attention to what is happening at the Court of International Trade regarding former President Trump’s Proclamation 9980.
Topics: Export Consulting, Import Consulting
Importers seeking refunds of section 301 duties for exclusions that were issued after the subject entries have liquidated and after the protest period has expired may have difficulties in duty recovery through any existing post-entry mechanism. One importer has even filed a suit at the Court of International Trade to compel CBP to reliquidate such entries so that they can benefit from the exclusions, but the result of that case is unknown at this time.
Topics: Duty Drawback