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 

  • On March 4, new tariffs went into effect on imports from:
    • China: 20%
    • Mexico: 25%
    • Canada: 25%
    • Federal register notices available here (Canada, Mexico,
By |2025-03-20T21:59:49-04:00March 7, 2025|news, Snapshot|0 Comments

Breaking Trade News: CBP Jan Update, USITC, Congress

Here is a recap of the latest customs and international trade news:    

Customs and Border Protection (CBP)  

  • CBP released their January 2025 monthly update. Highlights: 
    • Seized 1,977 shipments that contained counterfeit goods. 
    • Stopped 1,986 shipments for suspected use of forced labor. 
    • Identified $71 million in duties and fees owed to the U.S. government. 
  • The next 17th term Commercial Customs Operations Advisory Committee (COAC) quarterly public meeting will take place Wednesday, March 5th, 2025, in Atlanta, GA from 1:00-5:00 p.m. Eastern Time. 
  • CBP intercepted a first in the nation pest at the Calexico Port of Entry. 
  • Chicago CBP seized over 161K counterfeit U.S. Forever stamps. 
  • On February 22, CBP will migrate the ACE Portal account user access management functionality to the modernized ACE Portal retiring the legacy ACE Portal.  

Administration  

  • At a press conference, President Donald Trump said that he will “probably” say more about […]
By |2025-03-20T22:04:02-04:00February 21, 2025|news, Snapshot|0 Comments

Breaking Trade News: ACE 2.0, Steel & Aluminum Tariffs, FMC

Here is a recap of the latest customs and international trade news:    

Customs and Border Protection (CBP) 

  • CBP announced the results of their recently completed global interoperability standards technology demonstrations. The results will help the agency in its efforts to modernize ACE 2.0 and make it consistent with CBP’s 21st Century Customs Framework. 
  • CBP published a Federal Register notice decreasing the IRS rates used to calculate interest on overdue accounts (underpayments) and refunds (overpayments) of customs duties. 
  • Reminder: Registration for the April 23 CBLE is open and will close March 12 at 4:30 p.m. EDT.  
  • CBP created Harmonized Systems Updates 2505 and 2506.  

Administration 

  • President Trump signed two Presidential Proclamations imposing 25% Section 232 duties on all imported steel and aluminum. 

Bureau of Industry and Security (BIS)

  • BIS has paused reviews of new export license applications submitted this month without explanation.

Federal Maritime Commission (FMC) 

  • A Florida-based non-vessel-operating common carrier (NVOCC) has paid $165,000 in civil penalties and agreed to accept and self-finance independent monitoring of their business practices as part of […]
By |2025-03-20T22:06:14-04:00February 14, 2025|news, Snapshot|0 Comments

New Tariffs on Mexico, Canada, and China: Key Updates for Importers 

President Trump first issued a fact sheet and thereafter signed three executive orders imposing new tariffs on imports from Canada, Mexico, and China: 

  • 25% tariff on imports from Canada will take effect at least 30 days from Feb. 4, 2025.
  • 25% tariff on imports from Mexico are now scheduled to take effect on March 4, 2025. 
  • 10% tariff on imports from China will take effect on February 4, 2025. 

In a Truth Social post on February 27, President Trump confirmed that the tariffs on Canadian and Mexican goods will go into effect on March 4. He also announced that China will face an additional 10% tariff starting March 4.

Energy resources from Canada will have a lower 10% tariff. The orders ended duty-free de minimis treatment under 19 U.S.C. 1321 for products from China subject to these additional tariffs. However, President Trump signed a subsequent executive order pausing the suspension of de minimis treatment.

Tariffs will be on top of any other in place (301, 232, ADD, etc.) The Federal Register Notice for Canada can be found here and the Federal Register Notice for China can be found here. Customs […]

By |2025-02-28T08:29:43-05:00February 3, 2025|Canada, China, Countries, Mexico, news, tariffs|0 Comments

What Happened This Month in International Trade

From policy shifts to regulatory updates, this month brought significant developments in international trade that could impact businesses worldwide. Here’s a roundup of key developments:

Customs and Border Protection (CBP)

  • CBP issued a proposed rule to enhance low-value shipment enforcement.
  • CBP issued guidance on the modifications made to the Section 301 China Tariff Four Year Review, increasing tariff rates on five subheadings of the Harmonized Tariff Schedule of the United States (HTSUS).
  • CBP issued a proposed rule that would mandate the submission of more detailed electronic export manifest (EEM) data for cargo leaving the U.S. by rail.

Bureau of Industry and Security (BIS)

  • BIS issued an advance notice of proposed rulemaking (ANPRM) seeking public comment to inform a potential rule that would impose restrictions on Chinese drones.
  • BIS published its Export Enforcement 2024 Year in Review Report.
  • BIS orders Haas Automation to pay $2.5M in civil penalties for prohibited transactions, including with entities affiliated with Chinese and Russian defense sectors.

Office of Foreign Assets Control (OFAC)

  • OFAC announced a $1,044,781 settlement with a California-based manufacturer of machine tools and related parts regarding its potential civil liability for apparent violations of OFAC’s Ukraine-/Russia-related sanctions.
  • OFAC announced a $1,076,923 settlement with a Miami, Florida-based natural U.S. person and their real estate company Family International Realty LLC regarding their potential civil liability for apparent violations of OFAC’s Ukraine-/Russia-related sanctions.

Department of Justice (DoJ)

  • Canadian national sentenced to 40 months for multimillion-dollar export control scheme.
  • A resident of both […]
By |2025-02-03T09:06:29-05:00January 31, 2025|news|0 Comments
Go to Top