The Court of International Trade ruled Dec. 4 that a medical food company's imports would be classified as food, not as pharmaceutical products.

An importer can use a discounted price for transaction value as long as the discount was agreed to prior to the goods' importation, CBP said in a ruling posted last month. Allowing the importer's protest after an application for further review, CBP found that the unnamed electronic components distributor provided enough evidence to show the discounted price it claimed was the correct price based on the documents provided.

Automakers will have to track almost every battery component for electric vehicles -- including cathode electrodes, anode electrodes, solid metal electrodes, separators, liquid electrolytes, and solid state electrolytes that go into battery cells -- if they want consumers to be able to benefit from the full $7,500 tax credit for electric vehicles.

Asian countries in the Indo-Pacific Economic Framework and businesses that export to those countries had low expectations for IPEF, and trade experts said it will take years to see if IPEF will have any commercially meaningful outcomes.

Changes to an entry date due to CBP modifications of an entry summary don't affect the time of entry for the purposes of assessing Section 301 tariffs, CBP said in a ruling released by the agency Nov. 28.

The top trade negotiator for the EU, Executive Vice President Valdis Dombrovskis, said the EU's political leadership sees "no prospect to agree on a concept" for a global arrangement on steel, to box out unfairly traded steel and privilege steel made with less carbon intensity.

International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.

Bed Bath & Beyond filed a complaint with the Federal Maritime Commission this week accusing Mediterranean Shipping Company of violating the terms of a service contract and unjustly assessing millions of dollars in detention and demurrage charges. The company said MSC failed to meet its service requirements, coerced Bed Bath & Beyond into paying "extracontractual prices and surcharges," and assessed fees when Bed Bath & Beyond couldn't pick up or return the containers.

The current scope of ongoing antidumping and countervailing duty investigations on aluminum extrusions from 15 countries would impose heavy costs on U.S. manufacturers and consumers, and as written would make it nearly impossible for CBP to administer and importers to comply, said a bevy of large multinational corporations and trade associations in comments filed recently filed with the Commerce Department.

Four styles of womens' and girls' knit upper body garments are classifiable in different subheadings depending on whether the waistband at the bottom of the garments is tight to the body, CBP said in a recent ruling. The ruling, dated Nov. 14, found that one of the women's and the girls' style provided a way to be tightened at the bottom and were classifiable as "other" sweaters, pullovers and waistcoats, while the other two women's styles could not be tightened and are classifiable as blouses or shirts.