Faegre Drinker’s Post

Finally, the Official Journal of the EU published yesterday the changes in the safeguard rulling. These changes introduce lots of uncertainty on final duties, and confirm that hot rolled coil import is becoming a risky business. It is also true that such a short notice change introduces kind of legal uncertainty which is not good for business. https://shorturl.at/Ci8xV

The European Commission has imposed a definitive anti-dumping duty on lever arch mechanisms (LAM) imported from China. This measure, implemented under Regulation (EU) 2025/100, follows a detailed expiry review initiated on November 8, 2023, after a request by the Lever Arch Mechanism Manufacturers Association. The review examined whether ending the current duties would lead to the recurrence of dumping and injury to the EU industry. https://lnkd.in/dr2qz4fH

Accurately declaring the value of imported goods is essential for smooth customs processing. Missteps, like using the wrong valuation method or missing additional costs, can lead to costly consequences. At Braumiller Law Group, we help importers navigate valuation complexities, ensuring compliance and potentially reducing duties through correct revaluation. We also handle binding rulings and challenge unfair value increases, representing clients before the Court of International Trade when needed. Get expert guidance to stay compliant and save on duties: https://lnkd.in/eph7vk7K #CustomsValuation #TradeCompliance #DutySavings

We are pleased to publish revisions to the Section 232 exclusions process for steel and aluminum imports, effective from July 1, 2024. The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) has finalized changes to support the national security objectives of the Section 232 steel and aluminum tariffs. The revisions remove twelve General Authorized Exclusions—six for steel and six for aluminum—reversing previous exemptions that facilitated imports of these metals. This change is based on public comments on proposed revisions to the Section 232 steel and aluminum tariff exclusion process.  #Section232 #NationalSecurity https://lnkd.in/eKap4cwR

Understanding the basic components of importing is crucial for ensuring your freight gets to the right place and in compliance with the law. Read about the 5 things US importers should know to ensure efficient processes: https://bit.ly/3wBvhTo

Damned if you do. Compliance with U.S. anti-forced labor law, UFLPA, can be a violation of Chinese law for taking discriminatory measures against Xinjiang-origin goods. https://lnkd.in/gzV_bAFZ #UFLPA #Forced #Labor #China #Import #Compliance

Key Takeaways from the October 2024 Issue of “As the (Customs and Trade) World Turns”: 1. Aluminum Extrusions AD/CVD Ruling Importers of aluminum products must assess compliance, which could impact AD/CVD duties and result in legal consequences for inaccuracies. 2. BIS Proposed Rules on Connected Vehicles Restrictions on vehicles with Russian/Chinese connectivity components reflect a tightening ICTS regulatory landscape, starting with the automotive industry. 3. Section 301 Exclusion Opportunities for Machinery USTR’s exclusion process offers manufacturers a chance for duty relief; eligible companies should engage in the comment period. 4. Forced Labor Enforcement Intensifies Expanded UFLPA lists and USMCA enforcement call for enhanced supply chain due diligence across industries. 5. Section 321 de minimis Program Changes Proposed rule changes could limit tariff circumvention, particularly affecting e-commerce and low-value goods from China. 6. USMCA Rules of Origin Revisions Likely both Trump and Harris plan stricter rules, urging companies to reevaluate North American supply chains before 2026. "And the Fox Says": Stay proactive in understanding and adapting to these regulatory shifts. Enhanced compliance processes will be critical for global trade resilience. ____ ____ I appreciate you stopping by 🙌🏻 . My name is Leslie Levy August, and I am a Global Services Specialist, Advisor, Investor, and Growth Architect. Would you like to be notified when I publish informative content? Hit 🔔. #TradeCompliance #SupplyChain #USMCA #ForcedLabor #GlobalTrade https://lnkd.in/gj3wUBhq

We share the recent ruling passed by the Ld. Customs Authority For Advance Rulings. The applicant is a manufacturer of PVC raincoats. It intended to export the said goods. It sought an advance ruling from the Customs Authority for Advance Ruling about the correct classification of the said goods. It was contended that the said goods would merit classification under chapter heading 6201. It would not be an article of “plastic” which would merit classification under chapter 39. The Ld. Customs Authority for Advance Ruling accepts the above contention of the applicant and allows the application. It holds that the PVC raincoats would be classifiable under chapter 6201. It holds: (i) in terms of chapter note 1 to chapter 39, the mere fact that the goods are made of PVC (plastic), it would not merit classification under chapter 39; (ii) relies upon note 1 and note 16 to Section XI to hold that non-woven fabrics would be covered by section XI only; (iii) chapter 6201 4010 specifically covers raincoats made up of man made fibre; specific entry would prevail. The matter was argued by our Partner Bharat Raichandani Bharat Raichandani Mahesh Raichandani Deepak Kumar Khokhar Annweshaa Laskar Prathamesh Gargate Jasmine Dixit Love Sharma Raaghul Piraanesh J R Shweta Samat Aman Mishra Sunil Yadav Bhavesh Vasu Rashi Chopra Prachi Sharma Chaitanya Gaurang Tripathi Rithik Jain Shraddha Sharma Bhagrati Sahu Ankita Raikar Isha Sharma Dhawal Parmar #news #share #justice #ubrlegal #lawfirm #lawfirms #legal #advocate #advocates #lawyer #updates #tax #customs #customsrulings #advancerulings #court #tribunal #judgement #views

LCI Updates: This regulation stipulates that the imports of products in the form of: (a) Biaxially Oriented Polypropylene (BOPP) in the form of film included in tariff line 3920.20.10, and (b) BOPP in the form of plates, sheets, foils, and other strips included in tariff lines ex3920.20.91 and ex3920.20.99, originating from Malaysia and the People's Republic of China, are subject to Antidumping Import Duty. https://lnkd.in/gAcNQUSE #tax #legalcentric