Two Minutes in Trade

Can importers claim Chapter 98 exemptions for articles subject to section 232 tariffs? The answer isn't as clear as you may think. For more information, listen to today's Two Minutes in Trade. 

Deja Vu all over again!  Congress targets taxing foreign corporations/persons, but existing law may already do that. Listen for more on Two Minutes in Trade. 

A new report identifies 4 critical minerals to be high-priority sectors under UFLPA. Listen for more on Two Minutes in Trade. 

USTR proposes revised shipbuilding fees on Chinese vessels. Listen for more details on Two Minutes in Trade. 

On May 23, Rep. Jodey Arrington introduced HR 3575, which was introduced in the Senate as S.1886 by Jim Banks, called the “Axing Nonmarket Tariff Evasion Act” or the “ANTE Act.” For more information on this topic, listen to today's Two Minutes in Trade.  

IEEPA tariff exemption date extended to June 16. Listen for more on Two Minutes in Trade. 

Section 232 comments on pharmaceutical and semiconductor investigations are available for review. Listen for more on Two Minutes in Trade. 

232 investigations on lumber/timber and on copper comments mostly oppose new tariffs. Listen for more on Two Minutes in Trade. 

Let's measure twice and cut once!  Errors abound in the new Section 232 steel/Al tariff increase. Listen for more on Two Minutes in Trade. 

Exactly which HTSUS provisions do the 50% section 232 aluminum and steel tariffs cover? The answer may not be as clear as we think…yet.

EU IEEPA tariffs were paused until July 9th, then went to 50% on June 1, then paused again. Where are we now? Listen for more on Two Minutes in Trade. 

Good news, bad news, bad news, bad news. 50% 232 tariffs now only apply to the value of the steel/Al content, but other content must pay IEEPA tariffs, more goods are covered, and FTZ status is retroactive. More on Two Minutes in Trade.  

The Government backtracks on its agreement to expedite briefing in the Axle of Dearborn v. Department of Commerce IEEPA challenge and now seeks to stay the matter.  Listen for more on today's Two Minutes in Trade. 

Section 301 tariff exclusions due to expire on 5/31 were extended at the last minute until 8/31. Listen for more on Two Minutes in Trade. 

Now that the U.S. Court of International Trade has ruled on President Trump's IEEPA Tariffs, everyone wants to know what could happen next.  For more information on this topic, listen to today's Two Minutes in Trade.  

CIT, CAFC, and District Court action on IEEPA tariffs. Listen for details on today's Two Minutes in Trade. 

IEEPA tariffs are ruled unlawful!  CBP should stop collecting, and refunds are expected. Listen for more on today's Two Minutes in Trade. 

USTR seeking comments on drug pricing policies that are unfair to Americans. Listen for more info on Two Minutes in Trade. 

Under the new Commerce procedures for minimizing 25% duties subject to section 232 auto/parts tariffs, auto makers will face more complications. For more information, listen to today's Two Minutes in Trade. 

The Big Beautiful passed in the House. Lots of goodies in there, not related to taxes. Listen for more on Two Minutes in Trade. 

Graphite anode materials may become even more difficult to obtain from China as preliminary CVD rates are released. Listen to Two Minutes in Trade for more. 

USITC issued its final determination affirming its earlier findings that imports from four countries materially injure or threaten material injury to the US solar industry.  Listen for more on Two Minutes in Trade. 

Commerce seeking comments on anti-dumping duty methodology. Listen to Two Minutes in Trade for more info. 

With new and creative tariff mitigation strategies on the minds of many U.S. importers, the Department of Justice is ramping up its efforts to expand whistleblower awards in corporate trade and customs fraud cases.

BIS cancels export controls on AI diffusion and issues new guidance. Listen for more on Two Minutes in Trade. 

Planes and their parts are the next subject of a Section 232 investigation. Learn more on Two Minutes in Trade. 

No mas de minimis if Congress has its way. The tax bill would repeal the $800 de minimis provision. Listen for more on Two Minutes in Trade. 

China and the U.S. will each reduce tariffs to 10% by May 14! Listen for details on Two Minutes in Trade. 

Companies are increasingly restructuring supply chains to avoid serving as the importer to limit exposure to Customs claims. But, is it easier said than done?

Goods qualifying under the Nairobi Protocol (subheadings 9817.00.92-96) are exempt from MFN duties, but also from Section 301 and IEEPA duties.  Here, we provide a high-level review of the qualification requirements.

FTZs and bonded warehouses may offer options for traders for locking in tariffs or deferring duty payments. Listen for more info on Two Minutes in Trade. 

While the Administration blankets US imports with tariffs, Senate Democrats seek relief for Small Businesses. 

Supply chain resiliency is a key concern for both parties and in both chambers. Listen to Two Minutes in Trade for details on a new bill. 

Use of the Sec. 321 de minimis exemption was eliminated for imports from China and Hong Kong on Friday, May 2nd. However, de minimis is still (technically) available for imports of under $800 by one person on one day from all other countries.  Although it is unclear how long this will last, given the administration's intent to close that option as soon as “adequate systems” are in place.  For more information, listen to today's Two Minutes in Trade.

BIS is “tariffing” the steel and aluminum industry with its new process to add derivative products to the section 232 25% tariffs. Listen for more on Two Minutes in Trade. 

Two Presidential actions on tariffs may result in refunds or an offset to defray the tariffs. Listen for more on Two Minutes in Trade. 

Food may look a little less colorful as the FDA and HHS act to remove certain dyes from the food chain. Listen for more on Two Minutes in Trade. 

May is upon us, and so are some important effective dates and due dates on major tariff actions. Listen for more details on Two Minutes in Trade. 

It's Deja vue all over again! New section 232 investigation on medium and heavy-duty trucks and parts. Listen for more on Two Minutes in Trade. 

Canada retaliates against the US with tariffs but uses smart tactics to protect its manufacturers and health care industry. Listen for more on Two Minutes in Trade. 

Getting sick will cost you more as tariffs on the horizon under a Section 232 investigation on pharmaceuticals. Listen for more on Two Minutes in Trade. 

USTR released its penalties under the section 301 investigation on China's shipbuilding and maritime industry.  Listen for more info on Two Minutes in Trade. 

It's critical that companies pay attention to the new Section 232 investigation on critical minerals & rare earth elements. Listen for details on Two Minutes in Trade. 

Tomato prices are likely to go up later this summer as Antidumping duties of 21% will be assessed. Listen for details on Today's Two Minutes in Trade. 

IEEPA tariffs are being challenged in Federal courts and the Court of International Trade. Listen to Two Minutes in Trade for details. 

Semiconductors are defined for the upcoming Section 232 investigation; avoid the 125% tariffs for now. Listen for more on Two Minutes in Trade. 

Importers and brokers are trying to decipher the curious language of the in-transit exception to the IEEPA tariffs. Here's what we have divined.

IEEPA tariffs suspended for 90 days, except for China and maritime industry actions. Listen for more on today's Two-ish Minutes in Trade!

Your Sea salt may have been made with forced labor. CBP adds South Korean Salt farm to WRO list. Listen for more on Two Minutes in Trade. 

Less than 2 days after the White House's announcement, China has announced additional tariffs on U.S. exports and has instituted a slew of other penalties, further escalating the trade war between the U.S. and China.

The Senate is woke! The resolution to stop IEEPA in Canada passed, and now a bill to reassert Congressional authority over tariffs has been introduced. Listen for more on Two Minutes in Trade.