Heat-treated forged steel rods imported by ME Global are properly classified in the Harmonized Tariff Schedule as "other bars" not further worked than forged, rather than in the importer's preferred classification as "grinding balls and similar articles for mills," the Court of International Trade ruled in a May 2 decision.
Customs duty
A customs duty is a tariff or tax which a country imposes on goods when they are transported across international borders. Customs Duties are used to protect countries' economies, residents, jobs, and environments, by limiting the flow of imported merchandise, especially restricted and prohibited goods, into the country. The Customs duty rate is a percentage determined by the value of the article purchased in the foreign country and not based on quality, size, or weight. U.S. customs duties are listed in the Harmonized Tariff Schedule of the United States.
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
A staff report from the U.S.-China Economic and Security Review Commission says that Congress should consider that "current customs and tariff levels disproportionately benefit Chinese e-commerce firms," and that packages sent to U.S. consumers "are frequently not inspected. Those that are inspected are often subject to rudimentary visual checks without the technology or screening to trace fabric origin and other violations."
U.S. Trade Representative Katherine Tai said that NAFTA had to be renegotiated because it wasn't good for American, Canadian or Mexican workers. The traditional labor complaint about NAFTA is that Mexico gained jobs at America's expense, but Tai, in a talk at the World Economy Summit hosted by Semafor on April 12, said it wasn't good for Mexican workers "because workers in Mexico did not have the opportunity really to advocate for themselves and better their conditions."
CBP will not be granting any additional extensions for new aluminum entry summary filing requirements related to Section 232 tariffs on Russia, a CBP official confirmed during a webinar hosted by the National Customs Brokers & Forwarders Association of America on April 6.
U.S. Trade Representative Katherine Tai, speaking April 5 at the American University Washington College of Law, said the traditional approach to trade, "which prioritized aggressive liberalization and tariff elimination," had "significant costs" in addition to "significant benefits."
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
Electronic goods with Chinese components such as notebooks, laptops and modems reimported to the U.S after undergoing repairs in Mexico are still subject to Section 301 tariffs on the repairs, even though the repairs are duty free under USMCA, CBP said in a February ruling.
CBP is delaying new entry summary requirements to report the countries of smelt and cast for imports of aluminum and aluminum derivatives by 30 days to “allow additional time for the trade to update their software programming and systems to comply with these new reporting requirements,” CBP said in a March 30 CSMS message.
The Court of International Trade on March 29 dismissed a lawsuit from cell phone case maker Otter Products seeking interest on customs duty overpayments, finding it lacked jurisdiction to hear the case. Judge Claire Kelly held that the Administrative Procedure Act waiver of sovereign immunity only applies to interest on deposits linked with liquidated entries. As a result, there is no specific waiver of immunity related to Otter's claim for interest for its overpayments on tendered prior disclosures "under the no-interest rule," Kelly said.