The reversal of an order banning Chinese products from de minimis startled importers and members of the Senate Finance Committee, who were puzzling about how long it would be until the policy flipped again, and why the Commerce Department, which has never had involvement in de minimis before, has been put in charge of deciding when to implement the order.
CBP issued the following releases on commercial trade and related matters:
CBP has issued new guidance that describes an update to the order of reporting in ACE for multiple Harmonized Tariff Schedule classifications on the same entry summary line, according to a Feb. 5 cargo systems message. This pertains to instances when a Chapter 98 or Chapter 99 HTS code is required. ACE is the system of record for all entry summaries, CBP said.
CBP issued the following releases on commercial trade and related matters:
CBP issued the following releases on commercial trade and related matters:
President Donald Trump told reporters that there are no concessions Mexico, Canada or China could make to avoid tariffs on Feb. 1, which he wants to use to punish them for trade deficits, fentanyl trafficking, and, in the case of Canada and Mexico, migration across their borders.
CBP issued the following releases on commercial trade and related matters:
President Donald Trump, in response to a question from a reporter at the White House, said 25% tariffs on Canada and Mexico are coming on Feb. 1, on Saturday.
CBP issued the following releases on commercial trade and related matters:
CBP issued the following releases on commercial trade and related matters: