The possibility of a double whammy come January consisting of a strike at East and Gulf coast ports and the implementation of President-elect Donald Trump's proposed tariffs (see 2411250034) is making shippers nervous, with the National Retail Federation saying that the scenarios could result in a "continued surge in imports through next spring."
The Office of Foreign Assets Control fined Berlin-based Aiotec GmbH $14.55 million to settle allegations that it violated sanctions against Iran, OFAC said in a Dec. 3 enforcement notice. OFAC said the company, which sources industrial equipment for the energy sector, falsified documents and took other steps to hide that its purchase of an Australian industrial plant from a U.S. reseller would be moved to Iran.
The following lawsuits were filed at the Court of International Trade during the weeks of Nov. 18-24 and Nov. 25 - Dec. 1:
Brandon Chen, who took the April 2022 customs broker license exam, appealed the final results of his exam to the Court of International Trade, contesting 11 questions that CBP denied him credit for. Filing a complaint at the trade court on Nov. 25, Chen noted that he is only two correct answers away from a passing score of 75% (Brandon Chen v. U.S., CIT # 24-00208).
A bill that was recommended by the House Transportation Committee in May is now ready for a vote by the full House, if leadership chooses to do so, as the committee's report was completed this week.
Brandon Chen, who took the April 2022 customs broker license exam, appealed the final results of his exam to the Court of International Trade, contesting 11 questions that CBP denied him credit for. Filing a complaint at the trade court on Nov. 25, Chen noted that he is only two correct answers away from a passing score of 75% (Brandon Chen v. U.S., CIT # 24-00208).
The following lawsuits were recently filed at the Court of International Trade:
The Commercial Customs Operations Advisory Committee for CBP holds its next quarterly meeting Dec. 11 remotely and in person in Washington, D.C., at 1 p.m. EST, CBP said in a notice. Comments are due by Dec. 6.
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.
Customs brokers expressed concern about a 25% tariff on Mexico and Canada and a 10% additional tariff on China that President-elect Donald Trump announced in a Nov. 25 Truth Social post, citing uncertainties about how U.S. importers would be able to afford bond stacking and if they would be liable financially for the imports, among other issues.