The International Trade Commission (ITC) has issued a final report to the President in connection with its investigation of proposed modifications to the Harmonized Tariff Schedule (HTS) that are expected to take effect on January 1, 2007.
Harmonized Tariff Schedule
The Harmonized Tariff Schedule (HTS) is a reference manual that provides duty rates for almost every item that exists. It is a system of classifying and taxing all goods imported into the United States. The HTS is based on the international Harmonized System, which is a global standard for naming and describing trade products, and consists of a hierarchical structure that assigns a specific code and rate to each type of merchandise for duty, quota, and statistical purposes. The HTS was made effective on January 1, 1989, replacing the former Tariff Schedules of the United States. It is maintained by the U.S. International Trade Commission, but the Customs and Border Protection of the Department of Homeland Security is responsible for interpreting and enforcing the HTS.
The Committee for the Implementation of Textile Agreements (CITA) is requesting written comments by September 20, 2006 regarding a "short supply" request it received under the North American Free Trade Agreement (NAFTA) from the government of Mexico:
On August 17, 2006, President Bush signed into law H.R. 4, the Pension Protection Act of 2006 (Public Law (P.L.) 109-280).
U.S. Customs and Border Protection (CBP) has issued a new informed compliance publication (ICP) entitled, What Every Member of the Trade Community Should Know About: Classification of Cooking Ranges, Stoves and Ovens.
The Agricultural Marketing Service (AMS) has issued a final rule, effective September 15, 2006, that, among other things, amends the Beef Promotion and Research Order (Beef Order), in order to reduce the assessment rates for imported beef and beef products based on revised determinations of live animal equivalencies.
The Commerce Department's Office of Textiles and Apparel (OTEXA) has posted to its Web site the following five monthly reports containing official June 2006 trade data from the Department of Census for imports and exports of textiles and apparel:
U.S. Customs and Border Protection (CBP) has issued a new informed compliance publication (ICP) entitled, What Every Member of the Trade Community Should Know About: Coffee
The International Trade Commission (ITC) has issued a final report to the President in connection with its investigation of proposed modifications to the Harmonized Tariff Schedule (HTS) that are expected to take effect on January 1, 2007.
U.S. Customs and Border Protection (CBP) has issued a memorandum titled: "US-Bahrain Free Trade Agreement Implementation Instructions," that provides instructions for the filing and acceptance of claims for preferential treatment of goods under the U.S.- Bahrain Free Trade Agreement (BFTA).
U.S. Customs and Border Protection (CBP) recently updated its presentation on understanding tariff shift rules under U.S. free trade agreements (FTAs), which is part of CBP in-house training material for field Import Specialists.