In response to what he called Russia’s “unjustified” war against Ukraine, and the negative effects the war is having on global energy prices and the United States aluminum industry, President Joe Biden has imposed a 200% tariff on Russian aluminum products. According to a statement released by the White House, [...]
From 2018 to 2021, US importers bore nearly the full cost of the Section 232 tariffs on imports of aluminum and steel products, and the Section 301 tariffs on thousands of products imported from China, according to a new report released by the U.S. International Trade Commission (USITC). The report, [...]
The Department of Agriculture has updated the quantity-based trigger levels for products that may be subject to additional import duties under the safeguard provisions of the World Trade Organization (WTO) Agreement on Agriculture. The WTO Agreement on Agriculture provides that additional import duties may be imposed on imports of products [...]
The supplemental assessment fee on imported cotton is set to increase by more than 11% as of October 16, 2023 through a new Final Rule issued by the U.S. Department of Agriculture’s Agricultural Marketing Service (AMS) The rule will increase the supplemental assessment on imported cotton from $0.013215 per kilogram [...]
The Bureau of Industry and Security (BIS) is proposing a new rule to revise the process for requesting exclusions from the duties and quantitative limitations on imports of aluminum and steel under Section 232 of the Trade Expansion Act. The proposed rule includes the following changes: Clarification of the criteria [...]
U.S. Customs and Border Protection (CBP) will begin collecting import fees on pecans and Christmas trees on Nov. 5 after the issue that had been preventing the fee updates in ACE CERT has been resolved. The impacted tariffs are as follows: Pecans 0802991000 – In-shell pecans ($0.2 per pound) 0802991500 [...]
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced over $653 million to fund 41 port improvement projects across the country under the Port Infrastructure Development Program (PIDP). This funding will help grow capacity and increase efficiency at coastal seaports, Great Lakes ports, and inland river ports. A significant portion [...]
A recent USMCA ruling seems to have put an end to the long-running dispute between the U.S. and Canada over tariffs on dairy imports. The USMCA dispute panel determined that Canada had not acted unreasonably, and under the U.S.-Mexico-Canada Agreement, Canada has the right to maintain tariff rate quotas (TRQs) [...]
President Biden has announced that effective Jan. 1, 2024, the U.S. will reinstate African Growth and Opportunity Act (AGOA) trade preference program benefits for Mauritania, and terminate benefits for four countries: Gabon, Niger, the Central African Republic, and Uganda. The AGOA provides duty-free treatment to goods of designated sub-Saharan African [...]
