Trade Alerts

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TRADE ALERTS

Stay up-to-date with the latest from customs and regulatory agencies!

 

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Energy Products from Russia Banned

On April 8, 2022, President Biden signed into law H.R. 6968,  a bill prohibiting the importation of energy products from Russia. The energy products are classified under chapter 27 of the Harmonized Tariff Schedule.The bill makes an exception for prior contracts or agreements.Chapter 27 covers mineral fuels, mineral oils, and products of their distillation, bituminous

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U.S. Suspends Normal Trade Relations with Russia and Belarus

On April 8th, President Biden signed into law H.R. 7108 the “Suspending Normal Trade Relations with Russia and Belarus Act.”All products from Russia or Belarus entered or withdrawn for consumption on or after April 9th, 2022 are subject to Column 2 duty rates of the Harmonized Tariff Schedule of the United States (HTSUS).The President could

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Section 301 Extended Exclusions Update - 9903.88.67

U.S. Customs & Border Protection announced the programming for the Section 301 China Extended Exclusions associated with HTS code 9903.88.67 will be in place on April 12th. Importers can begin to utilize the HTS code for new imports and seek refunds for imports dating back to October 12th, 2021.Product exclusions are available for any product that

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Japanese Steel Quota Opens April 1

Section 232 tariffs on certain steel products ‘melted and poured’ in Japan transition to a tariff-rate quota on April 1. Products imported within quota will be free of Section 232 tariffs.

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Expired Section 301 China Exclusions Extended!

On March 23rd, the U.S. Trade Representative (USTR) announced the extension of 352 expired product exclusions from Section 301 China tariffs. The extensions are the result of a request for comment by the USTR in November 2021 asking for input on the extension of 549 Section 301 exclusions that had expired.We suggest reviewing the exclusions available

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US-UK Agreement on Steel & Aluminum Tariffs

On March 22, 2022, the U.S. & U.K. have reached an agreement over steel and aluminum tariffs. Section 232 additional tariffs on certain steel and aluminum products made in the U.K. will transition to a tariff-rate quota (TRQ) on June 1, 2022. Products imported within-quota will be free of Section 232 duties, and products imported

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Li-Ning Sporting Goods Merchandise Subject to Detention

Effective March 14, 2022, U.S. Customs and Border Protection will detain merchandise produced by Li-Ning Sporting Goods at all U.S. ports of entry. Li-Ning Sporting Goods has been investigated and found to use North Korean labor in its supply chain.The Countering America’s Adversaries Through Sanctions Act (CAATSA) prohibits the entry of goods, wares, and articles

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Russia & Belarus on Track to be Removed from the ‘Most Favored Nation’ List

On Friday, March 11, President Biden announced the U.S, G7 nations, and EU would revoke Russia’s most favored nation (MFN) status. Today, the U.S. House of Representatives voted 424-8 to revoke normal trade relations with Russia and Belarus. The Senate is expected to pass the bill quickly.  When Russia & Belarus are removed, they will
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