The ABI programming for the new Harmonized Tariff System (HTS) classifications implementing the steel and aluminum safeguard tariffs was released earlier today by CBP.
The HTS numbers added are:
9903.80.01 STEEL PROD, NOTE 19, EX CA/M 25%
9903.85.01 ALUMINUM PROD, NOTE 19, EX CA/M 10%
with respect to goods entered, or withdrawn from warehouse for
Our good friend and Australian lawyer – Andrew Hudson – has published an article about the U.S. steel and aluminum tariffs with an interesting take based on current events in Australia.
Andrew’s article can be found on the Rigby Cooke website at http://www.rigbycooke.com.au/latest/new-trump-tariffs-tip-of-trade-iceberg. It has also been published in the DCN at http://www.thedcn.com.au/the-new-trump-tariffs-the-tip-of-the-trade-iceberg/ (subscription required).
Earlier today, President Trump announced his intention to adopt the recommendations of the Dept. of Commerce and impose tariffs on imports of steel and aluminum. The formal signing is said to be taking place “next week”. President Trump has stated those tariffs will be 25% on foreign-made steel and 10% on foreign-made aluminum. Hopefully when
The Canada-EU Comprehensive Economic and Trade Agreement (the “Canada-EU CETA”) will come into provisional effect on September 21, 2017. Sometimes, disputes that have arisen prior to the implementation of a free trade agreement, which are left unresolved at the time of implementation, turn into full disputes between the parties. What could those disputes be?
On June 15, 2017, the Standing Committee on International Trade released Report No. 7 “The Canadian Steel Industry’s Ability to Compete Internationally”. This Report is helpful to Canadian steel producers and not very helpful to steel importers. China will not be pleased to read that the Committee recommends non-market economy status remain in
On June 29, 2016, Prime Minister Justin Trudeau, U.S. President Obama and Mexican President Enrique Peña Nieto issued a Statement entitled “Economic Prosperity – Trade and Competitiveness.”
Hidden at the end of the Statement is the following announcement on trade remedy enforcement:
Coordination in Trade Remedy Enforcement / Addressing Global Excess Capacity