This is a strong warning when importing goods made out of aluminum extrusions or containing parts that are made from an aluminum extrusion process. Aluminum extrusions are found in a range of products ranging from furniture to camping goods to auto parts to electronics. Importers need to closely examine the construction of their products to…
CBP has finally published guidance on how to calculate tariffs on the non-chapter 73 and 76 derivative steel and aluminum articles under the expanded Section 232 tariff. It is important for importers to first verify if the product’s HTS classification is on the steel derivative list, the aluminum derivative list, or BOTH lists. If the Product HTS Classification…
Importers have been anxiously waiting for the Secretary of Commerce to officially announce in the Federal Register a date that the section 232 tariff will be assessed for non-chapter 73/76 derivative articles. Tonight, CBP published two CSMS messages that indicated that the steel and aluminum tariffs would be assessed on the non-chapter 73/76 derivative articles starting on Wednesday,…
There were a limited number of products subject to Section 301 China Tariff exclusions set to expire on May 31, 2024. The USTR decided to extend the exclusions for a limited number of products. Out of the 429 exclusions, only 164 were extended. Please see Annex C n the USTR publication. Note that ONLY products under Annex…
Back on May 28th of this year, the USTR announced potential increases to the Section 301 tariff for cartain products. After a four month commentary period, the USTR has made some modifications. Please read the most recent USTR publication carefully. 1.) The full list of items to received tariff increases is listed on Annex A (starts on…
On May 14, 2024, the USTR released its report summarizing the four-year review of the Section 301 tariff actions taken on imports from China. Following the release of the report, the USTR announced two proposed modifications to the Section 301 China Tariffs. 1.) Increasing the Section 301 tariff in a few key sectors: Battery parts (non-lithium-ion…
The USTR announced today the extension of the 352 previously reinstated Section 301 exclusions and 77 COVID-related exclusions. The exclusions were set to expire on September 30, 2023. The new expiration date for the exclusions is December 31, 2023. Importers who have products subject to the exclusions should adjust their shipment planning accordingly. As a…
The USTR has announced an extension to the currently active Section 301 Exclusions. These exclusions were originally set to expire on December 31, 2023. The USTR has extended the exclusions until May 31, 2024.
For a list of the extended exclusions, see the following:
Earlier this year, USTR reinstated exclusions for a number of products subject to the Section 301 tariff. The full list of these exclusions can be found on the USTR website. The reinstated exclusions were set to expire on December 31, 2022. However, last Friday, the USTR announced that the exclusion for these items will be extended…
As we mentioned last fall, global ocean freight shipping was on the verge of facing shipping Armageddon. There was a huge shortage of equipment (empty containers), vessel delays, and sharply increasing shipping cost. In the past six months, this crisis has indeed come to pass and has in fact worsened. Many importers were hoping that…