Although the reciprocal tariff for imported Chinese goods may have fallen to 10% for 90 days (see 2505130074), Flexport trade experts advised companies to not treat this action as if there will be an extension. Doing so will prevent companies from having to ask later whether they will have any in-transit exemptions as the 90-day period ends around Aug. 12, according to Angela Lewis, global head of customs for Flexport.
Aegis Security, a customs broker involved in two U.S.-brought suits to collect duties that have gone unpaid for decades (see 2503030043 and 2504180051), moved May 8 for a more definite complaint in one. In the more recent complaint filed this year, Aegis said the government failed to provide an adequately detailed explanation of the facts behind its claim (United States v. Aegis Security Insurance Co., CIT # 25-00051).
Given the fast-evolving trade dynamics in the U.S., some suppliers from China have been advising importers to take advantage of delivered duty paid terms -- which is bad advice and can get companies in trouble with CBP, customs consultant Tom Gould said during a May 13 webinar hosted by Revenue Vessel.
Food storage importer Huhtamaki brought a May 8 complaint to the Court of International Trade saying CBP wrongly applied Section 301 duties to its clamshell container imports. Prior to entry, the importer said, it had undertaken “a months-long wild-goose chase” with CBP that ended with verbal confirmation the imports were excluded (Huhtamaki, Inc. v. United States, CIT # 24-00050).
A bill being considered in the House Ways and Means Committee that would extend Trump tax cuts that would otherwise expire at the end of the year is looking to international trade to pay for part of the cost of income tax reductions. The bill also adds new tax breaks, such as on overtime pay and tips.
An ATSC 3.0 tuner mandate and a set date for the switch to the new standard are necessary for TV broadcasting to survive and compete with streaming, said Sinclair, Scripps, Gray and others in comments filed in response to NAB’s 3.0 petition in docket 16-142 by Wednesday’s deadline. The Consumer Technology Association, public interest organizations and multichannel video programming distributor (MVPD) groups disagreed, arguing that a mandatory transition would increase costs for consumers and MVPDs, all to provide broadcasters with a new revenue stream.
The chaotic situation that importers and customs brokers have been facing as tariff policy swings wildly from one extreme to the next is partially due to the fact that CBP is unable to influence policy in the Trump administration, Pete Mento, director of customs and international trade at DSV, said on May 8. Decisions about tariffs are made without expert insight into how their actual implementation will affect the broader trade community, he said.
The global health care and life sciences sectors face major regulatory challenges in the U.S. and Europe from data transfer and cybersecurity laws, speakers said Thursday during an IAPP webinar.
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Seko Logistics announced Vanessa Rambo will join the company as chief compliance officer, the company said in a news release May 5. Rambo, a licensed customs broker, was previously with Lamb Weston, Nestle, Meggitt and Bostik. The company also said Brendan Belz is joining as chief transformation officer, and Alain Chimene is joining as regional president for the Asia-Pacific.