The International Trade Administration (ITA) has issued the final results of the antidumping (AD) duty administrative review of steel concrete reinforcing bars from Latvia for the period of September 1, 2002 through August 31, 2003.
Customs Duty
A Customs Duty is a tariff or tax which a country imposes on goods when they are transported across international borders. Customs Duties are used to protect countries' economies, residents, jobs, and environments, by limiting the flow of imported merchandise, especially restricted and prohibited goods, into the country. The Customs Duty Rate is a percentage determined by the value of the article purchased in the foreign country and not based on quality, size, or weight.
The International Trade Administration (ITA) has issued the final results of the antidumping (AD) duty administrative review of stainless steel plate in coils from Belgium for the period of May 1, 2002 through April 30, 2003.
U.S. Customs and Border Protection (CBP) has announced that the 2005 tariff-rate quota (TRQ) on milk and cream, fluid or frozen, fresh or sour, provided for in HTS Chapter 4, Additional U.S. Note (AUSN) 5 will open on Monday, January 3, 2005 at 12 noon E.S.T., or its equivalent in other time zones.
In an article on U.S. Customs and Border Protection's (CBP's) Periodic Monthly Statement (PMS), American Shipper reports that CBP sources state that duties and fees collected from importers and brokers under PMS since July reached more than $100 million, with the amounts paid doubling each month in the program. The article notes that CBP sources state that in early November, CBP estimated participation in PMS to be just over 250 importers and their brokers. CBP's goal is to have about 1,100 participants by spring 2005. (American Shipper, dated December 2004, www.americanshipper.com.)
On December 3, 2004, President Bush signed into law the conference version of H.R. 1047, the Miscellaneous Trade and Technical Corrections Act of 2004 (Public Law (P.L.) 108-429).
The Wall Street Journal (WSJ) reports that China and the Association of Southeast Asian Nations (ASEAN) have signed an agreement to create the world's biggest free-trade area, which aims to remove all tariffs by 2010 and is a critical step in their vision of creating an ASEAN Community trade bloc by 2020. (WSJ Pub 11/30/04, www.wsj.com)
The International Trade Administration (ITA) has issued its preliminary results of the antidumping (AD) duty changed circumstances review of certain corrosion-resistant carbon steel flat products from Japan.
U.S. Customs and Border Protection (CBP) has issued an ABI administrative message announcing that it is issuing a "blanket" authorization to allow the release of most types of merchandise on or after December 16, 2004 through December 31, 2004 under Immediate Delivery (I.D.) procedures.
U.S. Customs and Border Protection (CBP) has announced the 2005 tariff-rate quotas (TRQs) on olives as provided for in HTS Chapter 7, Additional U.S. Note (AUSN) 5; Chapter 20, Additional Note 4; and headings in Chapter 20.
The International Trade Administration (ITA) has issued its amended final results of the full sunset review of the antidumping (AD) duty order on pure magnesium from Canada.