Breaking Trade News: Tariff Guidance, OFAC Sanctions, WTO
Here is a recap of the latest customs and international trade news:
Customs and Border Protection (CBP)
- CBP issued guidance on the additional tariffs on imports from Canada and Mexico.
- CBP held its quarterly Commercial Customs Operations Advisory Committee (COAC) meeting in Atlanta where the agency committed to implementing President Trump’s America First trade policy.
- CBP is implementing a new Chapter 99 harmonized tariff schedule number to implement the increase in duties from 10% to 20% on imports from China.
- CBP is seeking public comments related to the distribution of funds pursuant to the continued dumping and subsidy offset for affected domestic producers. Comments on the information collection are due May 5.
- CBP officers seized more than $52,000 in unreported currency during two separate seizures at Washington Dulles International Airport.
Administration


