Increased Civil Penalties for Certain Sanctions & Recordkeeping Violations

Increased Civil Penalties for Certain Sanctions & Recordkeeping Violations

The Office of Foreign Assets Control (OFAC) is increasing its maximum civil monetary penalties for the following sanction and recordkeeping violations to account for inflation, effective March 17. Along with the increases, there are several technical changes to “consolidate or shorten” certain citations in OFAC’s regulations. $1,548,075 (previously $1,529,991) for violations of the Foreign Narcotics…

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Forced Labor to be Added to Priority Trade Issues List

Forced Labor to be Added to Priority Trade Issues List

U.S. Customs Border and Protection (CBP) is planning to add forced labor to its list of “Priority Trade Issues (PTIs),” according to the Commercial Customs Operations Advisory Committee (COAC) Forced Labor Working Group. What are PTIs The PTIs “represent high-risk areas that can cause significant revenue loss, harm the U.S. economy, or threaten the health…

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EU & U.S. Suspend Tariffs Related to Boeing and Airbus Dispute

EU & U.S. Suspend Tariffs Related to Boeing and Airbus Dispute

The European Union has announced on March 5 that it will drop its tariffs on U.S. exports on the Boeing retaliation list. Likewise, the U.S. will suspend its Section 301 tariffs on EU products under the Airbus dispute. These products include wine, liquor, and food. The suspension began immediately and will last for four months.   The U.K. already suspended its tariffs on…

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Certain Section 301 Imports to Combat COVID-19 Exclusions Extended

Certain Section 301 Imports to Combat COVID-19 Exclusions Extended

The Office of the U.S. Trade Representative (USTR) has announced it will extend Section 301 tariff exclusions on certain imports from China, which include personal protection equipment (PPE) needed to combat the COVID-19 pandemic, through September 30, 2021. USTR has said that the latest tariff exclusion extension covers these goods when entered for consumption, or…

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CBP Issues FAQs on Xinjiang Uyghur Autonomous Region

CBP Issues FAQs on Xinjiang Uyghur Autonomous Region

U.S. Customs and Border Protection (CBP) has published answers to a set of frequently asked questions regarding the withhold release order (WRO) that was issued Jan. 13. The WRO was aimed at cotton and tomato products made with slave labor in the Xinjiang Uyghur Autonomous Region (XUAR). The WRO also includes downstream products produced outside…

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CBP Allowing AES Transportation Corrections

CBP Allowing AES Transportation Corrections

Customs and Border Protection (CBP) has begun to operate under “an informed compliance umbrella.” This comes after penalties were being issued for the “transportation data” minor errors in the Automated Export System (AES) filings. There have been discrepancies with filed dates and ports, which CBP would like to see corrected instead of penalized. Their goal…

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CBP Warns CTPAT Members of Cyber Threats

CBP Warns CTPAT Members of Cyber Threats

The Customs Trade Partnership Against Terrorism (CTPAT) program regularly emphasizes certain security matters to raise awareness and renew their partners’ caution in supply chain security. U.S. Customs and Border Protection (CBP) issued a CTPAT alert, updated on January 22, 2021, that warns CTPAT members of cyber threats. As many CTPAT members have transitioned to working…

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Civil Penalties Increase for Export Violations

Civil Penalties Increase for Export Violations

The Department of Commerce, Census and Department of State have increased the civil monetary penalties for export violations to account for inflation. Regardless of when the violation occurred, it is important to recognize that these new amounts are retroactive and can be charged against each violation. Here is a summary of the penalty increases: The…

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Section 232 Steel Tariff Challenge Rejected by CIT

Section 232 Steel Tariff Challenge Rejected by CIT

Since instituting Section 232 duties—which adds a 25 percent tariff on steel and 10 percent on aluminum imports—several steel importers joined together to challenge the Commerce Department’s report, which all Section 232 steel tariffs were based on, as well as the lack of expiration date for the tariffs. However, on February 4, 2021, the Court…

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