Top Stories: China Week
Lawmakers Vote on Trade Bills During “China Week” September 11, 2024 – Lawmakers returned to Washington this week and hit the ground running with votes on several China-related trade bills. Chairman John Moolenar (R-MI) of the House Select Committee on the CCP helped initiate the so-called “China Week.” AAEI’s Government Affairs Manager, Mitchell Hart, summarizes […]
Top Stories: Shutdown Showdown
White House Sends Lawmakers Priorities in Case of Partial Government Shutdown September 4, 2024 – The Biden Administration sent Congress a list of priorities, budget “anomalies,” to include in a short-term spending measure if needed to avoid a government shutdown at the end of the month. The 30-page list includes continuing the Export Control Officer […]
Top Stories: ACE & Cybersecurity
CBP Urges Trade to Designate Cybersecurity POC August 21, 2024 – U.S. Customs and Border Protection (CBP) recommended this week that the trade community assign a Technical Point of Contact (POC) designated for Cybersecurity to their ACE portal account. The change is intended to address the recent increase in cyberattacks. To add a Cybersecurity POC, […]
Top Stories: UFLPA Entities
DHS Adds 5 Entities to UFLPA Entity List August 14, 2024 – The Department of Homeland Security (DHS) added five entities in China last week to the Uyghur Forced Labor Prevention Act (UFLPA) Entity List, including possible suppliers of magnesium and copper. The entities are: Rare Earth Magnesium Technology Group Holdings, Ltd. Xinjiang Habahe Ashele […]
Top Stories: Trade Facilitation Bill
Senators Release Draft Legislation to Modernize Trade Facilitation August 7, 2024 – Senators Bill Cassidy (R-LA) and Catherine Cortez Masto (D-NV) released a discussion draft of their Customs Facilitation Act of 2024 last week. The bill aims to modernize U.S. customs laws and streamline trade systems. Among other changes, the legislation would create a One […]
Top Stories: Bond Stacking
Higher Tariffs May Trigger Bond Stacking Liability for Importers July 31, 2024 – Driven by the onset of the trade remedy tariffs in Spring 2018, duties owed on imported goods more than doubled and continues to grow, especially driven by additional duties on goods imported from China. The impact of these additional duties has a […]
Top Stories: DHS Spring Agenda
DHS Releases Spring 2024 Agenda July 24, 2024 – DHS released its Spring 2024 Agenda last week. It outlines the status of final and pending regulations from the last several months. AAEI would like to call out two items of interest: 1) Customs Broker Identification of ImportersThis rule will require customs brokers to verify the […]
Top Stories: Tariffs’ Other Risks
White House: Tariffs as Tax Revenue Risks Inflation and Inequality July 17, 2024 – The White House Council of Economic Advisers released a blog post last week discussing the challenges and implications of using tariffs as a source of government revenue. The post emphasizes that using tariffs as a revenue source to replace income tax […]
Top Stories: UFLPA Report
DHS Prioritizes PCV, Aluminum, Seafood in UFLPA Enforcement July 10, 2024 – The Department of Homeland Security (DHS) announced this week that it is adding new high-priority sectors for enforcement of the Uyghur Forced Labor Prevention Act (UFLPA), “based on a finding that these industries involve a higher risk of forced labor of Uyghurs and […]
Top Stories: Tariff Changes
Section 301 Tariff Changes Draw Industry Criticism July 3, 2024 – Solar manufacturers requested retroactive relief from Section 301 tariffs on manufacturing equipment last month in response to the Office of the U.S. Trade Representative’s request for comments. Key concerns arose regarding the planned increase in Section 301 tariffs from 7.5% to 25% on lithium-ion […]
