Commerce Suspends 232 Tariffs on Ukrainian Steel

Commerce Suspends 232 Tariffs on Ukrainian Steel

United States Secretary of Commerce, Gina M. Raimondo, announced on May 9 that the U.S. will be suspending 232 tariffs on Ukrainian steel for one year. Ukraine’s steel industry is uniquely important to the country’s economic strength, employing 1 in 13 Ukrainians with good-paying jobs. "Today’s announcement is a signal to the Ukrainian people that…

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Penalty Increases for Export Controls Violations

Penalty Increases for Export Controls Violations

Back in January, the Commerce Department adjusted it's civil monetary penalties to account for inflation. The change increases maximum civil monetary penalties for violations of the Export Controls Act of 2018 from $308,901 to $328,121. The rule is effective as of January 15. AES filings 13 U.S.C. 304, Collection of Foreign Trade Statistics (2002); each…

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Further Russian Sanctions & General Licenses

Further Russian Sanctions & General Licenses

The following is an overview of various export and import measures that have recently been put in place against Russia and Belarus. The Bureau of Industry and Security (BIS) has published new regulations, effective May 9, which expand sanctions against Russian industry sectors in response to Russia’s invasion of Ukraine. The items now subject to…

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CIT Rules USTR Had Authority to Impose Section 301 Tariffs—Not All Lost for Importers

CIT Rules USTR Had Authority to Impose Section 301 Tariffs—Not All Lost for Importers

Although the Court of International Trade’s (CIT) findings that the Office of the U.S. Trade Representative (USTR) had authority to impose Lists 3 and 4A tariffs did hit the over 3,600 lawsuits challenging the tariffs hard, not all is lost for the importers. In the long-awaited opinion, the court ruled against the plaintiffs' argument that…

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CBSA Holds Off on Second Phase of CARM Portal

CBSA Holds Off on Second Phase of CARM Portal

CBSA Assessment and Revenue Manager project (CARM) is live. CARM is a client portal that will give importers, among many benefits, the ability to monitor their trade compliance and detect any discrepancies. Canada Border Services Agency (CBSA) has announced that they do not intend to proceed with the implementation of CARM Release 2 any time…

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