CBP to Require Certificates With Steel Products From South Korea Subject to Quota
Importers of steel products from South Korea that are subject to absolute quotas will be required to provide "certificates of exportation," CBP said in a notice. The quota on Korean steel is part of a deal that allows the country to avoid the Section 232 tariffs on steel in the U.S. (see 1805010027). CBP will require such certificates starting Oct. 18.
CBP said that South Korea recently informed the U.S. "that it has established a mechanism for the certification of exports to the products covered by the quantitative limitations applicable to" subheadings 9903.80.05 through 9903.80.58, "specifically in the form of official certificates of exportation issued by the Korea Iron and Steel Association, as authorized by the Republic of Korea." The certificates will be available by applying through the Korea Iron and Steel Association's website, CBP said. "Importers should obtain these certificates of exportation from exporters and submit them to CBP with the entry summaries filed for their importations," the agency said.
As part of the deal, the U.S. may "require that importers of these products furnish relevant certification of export information in order to qualify for the treatment," CBP said. "No article that is subject to the export certification requirement announced in such a notice may be entered for consumption, or withdrawn from warehouse for consumption, on or after the effective date specified in such a notice, except upon presentation of a valid and properly executed certification of export," it said. CBP posted some more guidance on submitting the certificates through ACE in a draft portion of the CBP and Trade Automated Interface Requirements (CATAIR) for entry summary filings.