Here is a recap of the latest customs and international trade law news:
- On January 14, 2022, the Bureau of Industry and Security (BIS) issued a notice of information collection regarding a Defense Production Act requirement for U.S. firms to furnish information to the agency regarding offset agreements exceeding $5,000,000 in value associated with sales of weapon systems or defense related items to foreign countries or foreign firms. BIS is soliciting public comments to help evaluate if the proposed information collection is necessary for the proper functions of the Commerce Department, evaluate the accuracy of their estimate of time and cost burden, evaluate ways to enhance the quality, utility, and clarity of the information to be collected, and to minimize the reporting burden.
- Comments are due no later than March 15, 2022.
- On January 18, 2022, CBP issued the largest agriculture seizures of 2021 with the top three seizures being 12,000+ pounds of marijuana, 750 unfertilized avian eggs, and 15 live giant land snails.
- On January 18, 2022, Customs and Border Protection issued Harmonized System Update (HSU) 2119 resolving issues related to the comingled data and/or missing information in previous HSUs.
- On January 22, 2022, CBP will deploy Phase 1 of the modernization of the ACE Secure Data Portal. These enhancements will include a new login screen, a new home page, and upgraded account information display and edit features.
- On January 13, 2022, the Federal Motor Carrier Safety Administration detailed a pilot program that would allow for 18-to-20-year-old truckers drive big rigs from state to state in an effort to help ease the supply chain shortage.
- On January 18, 2022, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated three Hizballah-linked financial facilitators and their Lebanon-based travel company because of Hizballah’s efforts as part of the Lebanese government to block economic reform and inhibit much needed change for the Lebanese people.
- On January 20, 2022, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned four individuals engaged in Russian government-directed influence activities to destabilize Ukraine.
- Recent USDA import statistics show a surge in U.S. organic fresh produce imports of bananas, blueberries, apples, and pears. Much of the surge originates in the Latin American countries of Mexico, Peru, Chile, Colombia, and Argentina with New Zealand also experiencing a surge of organic produce exports to the United States.
- On January 19, 2022, the United States and United Kingdom issued a joint statement announcing the start of bilateral discussions to address global steel and aluminum excess capacity, including the United States’ application of tariffs on imports from the United Kingdom under Section 232 and the UK’s retaliatory tariffs on certain U.S. exports to the UK.
If you have questions about these updates, contact our Customs and International trade law attorneys at email@example.com or call us at 305-456-3830.
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