Name: Mohawk Global
Telephone: +

EXIM Allows More Foreign Content for U.S. Exports

May 3, 2021 Trade Translation

The Export-Import Bank of the United States (EXIM) is accepting information on the level of U.S. and foreign content in U.S. exports in the following transformational export sectors through May 14: biomedical sciences; wireless communications equipment (5G); quantum computing; renewable energy, energy efficiency, and energy storage; semiconductors and semiconductor machinery manufacturing; emerging financial technologies; water…

Read More »

OFAC Adjusts Applicable Schedule Amount for Sanction Violations

April 27, 2021 Trade Translation

The Office of Foreign Assets Control (OFAC) has changed the base civil penalty amount for certain sanctions violations. This was done in order to reflect inflation adjustments for its civil monetary penalties. In a notice, the OFAC’s definition of “applicable schedule amount” was revised. This establishes a base penalty for non-egregious sanctions violation cases that…

Read More »

DOJ Files “Master Answer” for Section 301 Litigation

March 25, 2021 Section 301 Updates, Trade Translation

The Department of Justice (DOJ) has filed a “master answer” to the massive Section 301 litigation overwhelming the Court of International Trade (CIT). Thousands of complaints and cases are seeking to get list 3 and 4A Chinese tariffs vacated with duties refunded. Complaints have been coming in at the rate of about one a day,…

Read More »

Increased Civil Penalties for Certain Sanctions & Recordkeeping Violations

March 18, 2021 Trade Translation

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…

Read More »

Forced Labor to be Added to Priority Trade Issues List

March 18, 2021 Trade Translation

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…

Read More »

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

March 12, 2021 Trade Translation

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…

Read More »

CIT Issues Decision on First Sale Valuation for Non-Market Economies

March 9, 2021 Trade Translation

The Court of International Trade (CIT) has issued a decision that the ability to use first sale valuation may not be applicable to transactions involving non-market economies, including China. First Sale for Export is a duty reduction program created to reduce the dutiable value of eligible products imported into the U.S. The Ruling In a…

Read More »

Certain Section 301 Imports to Combat COVID-19 Exclusions Extended

March 8, 2021 COVID-19 Updates, Section 301 Updates, Trade Translation

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…

Read More »

CBP Issues FAQs on Xinjiang Uyghur Autonomous Region

February 22, 2021 Trade Translation

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…

Read More »

CBP Allowing AES Transportation Corrections

February 22, 2021 Trade Translation

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…

Read More »