Canada imposed tariffs July 1 on products from the U.S. in retaliation for Section 232 duties on steel and aluminum products that took effect one month earlier. Tariffs begin at 10 percent and 25 percent on products found in Canada’s final list of tariff subheadings, which has some changes from an initial list released for public comment May 31 (see 1806010022), “and will remain in place until the U.S. eliminates trade-restrictive measures against Canadian steel and aluminum products,” Canada said. “The countermeasures will not apply to U.S. goods that are in transit to Canada on the day on which these countermeasures come into force,” it said.
Drawback
A duty drawback is a refund by CBP of the duties, taxes, or fees paid on imported goods, which were imposed upon importation as prescribed in 19 U.S.C. 1313(d). More broadly, a drawback also includes the refund or remission of other excise taxes pursuant to other provisions of law.
CBP issued the following releases on commercial trade and related matters:
The Court of International Trade may force CBP to issue proposed drawback regulations if the agency doesn't do so on its own soon, CIT Judge Jane Restani said in a June 29 ruling. The decision is part of a lawsuit brought against CBP that said the government is improperly not processing requests for accelerated payment on Trade Facilitation and Trade Enforcement Act drawback claims (see 1803260048). While the court declined to issue a preliminary injunction that would have forced CBP to allow for accelerated payment under TFTEA drawback, CIT said it may set its own deadline for the TFTEA drawback rules. "It should soon be apparent whether regulations are forthcoming," the court said.
International Trade Today is providing readers with some of the top stories for June 18-22 in case they were missed.
CBP issued the following releases on commercial trade and related matters:
CBP issued the following release on commercial trade and related matters:
CBP issued the following releases on commercial trade and related matters:
CBP's goal "is, and has always been," to publish a regulatory proposal for drawback regulations under the Trade Facilitation and Trade Enforcement Act, the Justice Department said in a June 12 filing with the Court of International Trade. The filing was part of a lawsuit brought against CBP that said the government is improperly not processing requests for accelerated payment on TFTEA drawback claims (see 1803260048). Tobacos de Wilson, Tobacco Rag Processors, Brown-USA, Nippon America, Skate One Corporation, Alliance International, C.J. Holt and Customs Advisory Services filed the suit in late March.
International Trade Today is providing readers with some of the top stories for June 4-8 in case they were missed.
CBP issued the following releases on commercial trade and related matters: