President Joe Biden said he will be increasing tariffs from Column 2 rates to 35% on more than 570 groups of Russian products, and the change will take effect just after midnight July 27. The executive order says each product is in an annex, but that annex has not yet been published. Past imports of these goods were about $2.3 billion annually. "These measures will restrict Russia’s ability to benefit economically from sales to the U.S. market and are carefully calibrated to impose costs on Russia, while minimizing costs to U.S. consumers," the White House said.
Computed value can be used at the importer's discretion in circumstances where products entered into the U.S. are not for immediate sale and sale information for similar products is unavailable, CBP said in HQ ruling H324385.
As senators who support subsidies to build semiconductor chips in the U.S. continue to say the trade title differences are holding up the bill, and that it should drop out, House negotiators say it's not time to give up yet.
The chairman of the House Ways and Means Committee's Trade Subcommittee, Rep. Earl Blumenauer, D-Ore., the lead sponsor of a bill to remove tariffs on imported formula until Nov. 14, said that the Senate bill that would remove both tariffs and quotas for 90 days will not be something the House will take up when it returns to Washington in two weeks (see 2205250013).
Final recommendations of the 21st Century Customs Framework Modernization task force include mandatory partner government agency trusted trader programs under the CTPAT framework and authorization to reduce the merchandise processing fee (MPF) for CTPAT members, among other things, according to a document released in advance of a vote on the recommendations at the June 29 meeting of the Commercial Customs Operations Advisory Committee.
A lawyer who has represented clients whose goods were detained over suspicion of forced labor says the new document laying out the strategy on enforcing the Uyghur Forced Labor Prevention Act is not earth-shattering.
The chairwoman of the Senate Appropriations subcommittee highlighted in her opening remarks Congress' directive to the U.S. trade representative to establish an exclusion process for Section 301 tariffs. But when Sen. Jeanne Shaheen, D-N.H., tried to ask USTR Katherine Tai about how her office is "working to comply with this directive," Tai evaded the question and talked about the deliberations in the administration on whether there should be a partial rollback of the tariffs on the vast majority of Chinese imports.
Sen. Rob Portman, R-Ohio, in a bid to break the impasse in negotiations around the trade title in the China package, introduced a bill that would renew trade adjustment assistance and pass a limited trade promotion authority that could only be used for a free trade agreement with the U.K.
The published strategy to stop imports of goods with Xinjiang region content is lengthy, but it also shows how many blanks are left to be filled in. The rebuttable presumption that goods with a nexus to Xinjiang or Uyghur workers are banned took effect on June 21.
A Federal Maritime Commission proposal that would require container documentation to include the names of all non-vessel operating common carriers in a shipping transaction would create too large of a burden on industry, two logistics companies said in comments this month. One company said it wouldn’t be able to comply with the change, forcing it to regularly violate the regulation.