Tag Archives: Trade Alert

List of Section 301 Duties on Chinese Origin Goods

Wednesday, April 4, 2018

List of Section 301 Duties on Chinese Origin Goods

Under that authority of Section 301 of the Trade Act of 1974, the US Trade Representative (USTR) released the preliminary list of Chinese origin products that may be subject to additional duties of 25%.

This list is not the final list of provisions that may be subject to a duty increase.

The implementation of these additional duties falls under the authority of Section 301, which can be imposed in order to enforce trade agreements, resolve trade disputes, and open foreign markets to U.S. goods and services.

The proposed list covers approximately 1300 separate tariff lines and will undergo further review in a public notice and comment process, including a hearing.  After completion of this process, USTR will issue a final determination on the products subject to the additional duties.

The schedule for comments released at this time is as follows:

April 23, 2018:  Due date for filing requests to appear and a summary of expected testimony at the public hearing and for filing pre-hearing submissions.

May 11, 2018:  Due date for submission of written comments.

May 15, 2018:  The Section 301 Committee will convene a public hearing in the main hearing room of the U.S. International Trade Commission, 500 E. Street SW, Washington DC 20436 beginning at 10:00 a.m.

May 22, 2018:  Due date for submission of post-hearing rebuttal comments.

To read more about Section 301: China’s Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation, click on the link provided:

https://ustr.gov/sites/default/files/files/Press/Releases/301FRN.pdf

General System of Preferences (GSP) Renewal

Tuesday, March 27, 2018

General System of Preferences (GSP) Renewal

One of the conditions of the latest spending bill signed by President Trump on Friday, March 23, 2018 included a provision to renew Generalized System of Preferences (GSP) benefits. These benefits will take effect on April 22, 2018 and applied retroactively to December 31, 2017 when the program expired. GSP will be in effect until December 31, 2020.

Customs and Border Protection will notify the trade upon completion of the programming for this renewal of GSP. Because FHK continued to utilize the “A” indicator for all applicable goods, refunds should be automatically refunded, as they have in the past. A report will be provided to our clients of their eligible entries and we encourage you to monitor and track your refunds. The deadline to file refund requests is September 18, 2018, which is 180 days from the time the bill was signed into law.

Please feel free to reach out to us with any questions or comments you have regarding GSP renewal.

US Commerce Reports on Steel and Aluminum Imports

Wednesday, February 21, 2018

US Commerce Reports on Steel and Aluminum Imports

Recommends Various Tariffs and Quotas

U.S. Commerce Secretary Wilbur Ross released his findings that imports of steel and aluminum threaten the national security of the United States. Based on these Commerce reports, Secretary Ross has recommended to the President that he impose tariffs and quotas on a broad range of steel and aluminum imports. If carried through, this will likely have a significant impact on the prices of both imported and domestic steel and aluminum.  For more information and product scope, please click on the link below:

https://www.drinkerbiddle.com/insights/publications/2018/02/commerce-finds-that-steel-and-aluminum-imports?utm_source=Drinker_communications&utm_medium=Email&utm_campaign=Commerce-Finds-That-Steel-and-Aluminum-Imports-Threaten-National-Security

Notice of Adjustment of the Merchandise Processing Fee in 2018

Wednesday, November 8, 2017

Notice of Adjustment of the Merchandise Processing Fee in 2018

The Consolidated Omnibus Budget Reconciliation Act (COBRA) for fiscal year 2018 will adjust and increase several user fees. Of particular note is the increase in the Merchandise Processing Fee (MPF).

The adjusted amounts of customs COBRA user fees for Fiscal Year 2018 are based upon a 2.677% rate adjustment.

The  increase in MPF is reflected below:

Minimum – $25.67 up from $25.00
Maximum – $497.99 up from $485.00
Informal – $2.05 up from $2.00

The rate of 0.3464% remains unchanged

The Federal Register notice, published last week indicates the adjusted fees will go into effect January 1, 2018.

Customs and Border Protection Revised Schedule for ACE Post Release Deployment

Wednesday, August 3, 2017

Customs and Border Protection Revised Schedule for ACE Post Release Deployment

The final core trade processing capabilities that were scheduled to be moved to ACE on July 8, 2017 have been rescheduled and will now roll out in three separate phases.  These core processes include Statements, Collections, Reconciliation, Drawback, Duty Deferral, Liquidation, (with the exception of the previously deployed electronic posting of Notices of Liquidation on CBP.gov) and the Automated Surety Interface (ASI).

The current phased deployment schedule is as follows:

  • ACE Deployment G (September 16, 2017) – Non-ABI Entry Summary/Lineless (for CBP only), Duty Deferral, e214 (electronic Foreign Trade Zone admission) and Manufacturer ID Creation.  These capabilities will mostly be behind-the-scenes for CBP with minimal impact on the trade.
  • ACE Deployment G (December 16, 2017) – Statements.  The Statements cutover plan is currently under review and will be provided as soon as possible.
  • ACE Deployment G (February 24, 2018) – Reconciliation, ACE Core Drawback and Trade Facilitation and Trade Enforcement Act (TFTEA) Drawback, Liquidation and Automated Surety Interface (ASI)

CBP has released guidance on the transition of the capabilities to ACE that addresses high level changes and provides ACE programming resources at:

https://www.cbp.gov/trade/automated

UPDATE ON MAERSK PETYA CYBER ATTACK

Friday, June 30, 2017

UPDATE ON MAERSK PETYA CYBER ATTACK

The following is a letter Maersk sent to the customers updating them of their recent cyber attack.

Dear Customer 

Once again thank you for all your patience and understanding of the situation. We remain committed to do whatever we can to protect and deliver your cargo. 

 We are seeing great progress in the restoration of our infrastructure, to better serve you.

 We are open for business and are accepting bookings both via INTTRA, online forms accessible on maerskline.com and through EDI.  EDI bookings you made since Tuesday are stored safely and all will be batch confirmed early next week. All channels that have been open are confirmed safe for you to use. Once again all bookings made before the incident on the 27th of June 08:00 are secured and the data is saved in our systems. For those bookings that were confirmed, equipment will be released as normal and you do not need to create duplicate bookings. 

 Our vessels remain fully operational and cargo in transit is being handled close to normal. 

 Around the world we seek to serve our customers best possible and therefore we are building contingencies where this is required, as well as focus on continuously getting back to normal business. 

Almost all ports are operational and running close to normal. We are pleased to share that since yesterday, we have been able to reestablish business in: 

  • Algeciras
  • Tangier
  • Callao Lima
  • Mumbai
  • Itajai
  • Buenos Aires

We are still working on expanding our services in the following ports: 

  • Pier 400 Los Angeles. We are pleased to be able to deliver imports again from the terminal. We are also able to receive and deliver empties. Our priority is now to open up to receive exports. In the meantime, we have diverted TP2 MSC Laurence to TTI to ensure easiest cargo delivery. We hope to share good news and a full plan on this soon. 
  • Port Elizabeth New Jersey. Also delivering imports, and both receiving and delivering empties. Focus is again on being able to receive and gate in exports.    
  • Maasvlakte II Rotterdam. We are still working on a solution to reopen Maasvlakte II. Our top priority remains your cargo and we are therefore diverting services other terminals in and around Rotterdam, to best serve you. These facilities have already restored systems and are able to gate cargo in and out. Despite these difficulties, in Rotterdam and as everywhere, we will do whatever it takes to move your cargo to its final destination as fast as possible. 

You can keep yourself updated on progress via www.maersk.com/operationalupdate as well as continuous postings on social media. The site and social media are confirmed safe to use. 

For more details on your specific cargo please contact your customer service representative. Many countries have already had their phone systems restored, however we appreciate your flexibility in how to contact us wherever this has not been the case yet. 

Many thanks for your business 

The Maersk Team

FHK will do our best to keep you updated on how this will affect the movement of your cargo and appreciate your patience and understanding.

MAERSK PETYA CYBER ATTACK UPDATE

Wednesday, June 28, 2017

MAERSK PETYA CYBER ATTACK UPDATE

Please be advised that customers of Maersk received the following letter to keep them updated on the current situation.

Dear Customer 

Following on from our communications yesterday (27th June 2017) regarding the impact of the global cyber attack, Petya, on A.P. Møller-Maersk group, we can confirm that some of our IT and communications infrastructure have been impacted and we have proactively shut down as a security measure.

For now this means the following:

All immediate vessel operations will continue as planned, making the majority of planned port calls.

 Access to most ports is not impacted, however some APM Terminals are affected and gates are closed 

Cargo in transit will be offloaded as planned.  Import Cargo will be released to credit customers

At the present time we are unfortunately unable to serve new quotes or accept future bookings. However we do greatly appreciate your patience and look forward to carrying your cargo as soon as it is practically possible 

 Unfortunately due to the impact on our IT and communications systems we are limited in our ability to communicate with you. We will continue to email you when appropriate and will be updating our Social Media channels regularly.

We apologize once again for any inconvenience this may cause your business and we are working hard to resume normal operations as soon as possible.

The Maersk Team

 

FHK will do our best to keep you updated on how this will affect the movement of your cargo.  We appreciate your patience and understanding.

MAERSK GLOBAL IT BREAKDOWN

Tuesday, June 27, 2017

MAERSK GLOBAL IT BREAKDOWN

 

A massive ransomware attack has claimed another victim. The Maersk group, the world’s largest shipping company,  reported  a cyber attack has hit their computer systems causing various outages.  Servers across India and Europe were affected and Maersk IT systems are down across multiple sites and business units, including container shipping, port and tugboat operations, oil tankers, and others.

Maersk IT is still assessing the extent of the breakdown to determine the impact to operations.  Supplemental trade alerts will be sent as we learn more details.

Initiation of AD/CVD Investigations of Tubing and Alloy Steel

Tuesday, May 30, 2017

Initiation of AD/CVD Investigations of Tubing and Alloy Steel

On May 9, 2017, CBP issued CSMS# 17-000305 announcing that the Department of Commerce (Commerce) initiated its less-than-fair-value duty investigations on “Certain Cold-Drawn Mechanical Tubing of Carbon and Alloy Steel from the Federal Republic of Germany, India, Italy, the Republic of Korea, the People’s Republic of China, and Switzerland” (Initiation Notice). Also on May 9, 2017, Commerce initiated Countervailing Duty Investigations on “Certain Cold-Drawn Mechanical Tubing of Carbon and Alloy Steel from India and the People’s Republic of China.”

For more information on these investigations as well as the Scope of Merchandise, please click on the following:

https://apps.cbp.gov/csms/viewmssg.asp?Recid=22708&page=&srch_argv=17-000305&srchtype=all&btype=&sortby=&sby=