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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The Office of the U.S. Trade Representative (USTR) has released a notice that asks companies—who benefit from List 1 of the Section 301 tariffs—to tell them if they think the tariffs should continue, by July 5. Companies that benefit from the tariffs on List 2 can comment June 24 to August 22. If there ends…
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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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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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Are you a contractor selling to the government under the Federal Acquisition Regulation (FAR) Buy American Act? If so, there is a new final rule that will gradually increase the U.S. content of products, beginning October 25, 2022. This new rule is intended to grow domestic production of goods and support workers critical to U.S.…
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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 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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The Office of the U.S. Trade Representative (USTR) has decided to extend 137 exclusions covered under List 1, 59 exclusions on List 2, 266 exclusions on List 3, and 87 exclusions on List 4. Except for exclusions related to the COVID-19 pandemic, all of these exclusions have expired. Specifically, the exclusions for most of these…
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The Bureau of Industry and Security (BIS) recently launched a landing page for its export control actions against Russia, including relevant fact sheets and guidance. Also included is agency contact information, a link to request a formal advisory opinion, and a list of related regulations and “legal resources.” BIS has warned that it has imposed…
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In November 2021, the U.S. started to pull back on Section 232 tariffs using tariff rate quotas on imported steel and aluminum from the EU. The U.S. and Japan have agreed to a similar strategy on imported steel from Japan to take effect April 1, 2022. Similar to the EU deal, importers of Japanese steel…
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