Top Stories: Treasury Customs Functions
AAEI Members Hear Why Treasury May Shift Functions to DHS September 25, 2024 – Members of AAEI’s Customs Committee heard from the Treasury Department today about a possible plan to delegate its Customs revenue authorities to the Department of Homeland Security (DHS). Some Customs revenue authorities were already delegated under Treasury Order 100-016. Treasury Department […]
Top Stories: De Minimis
White House Takes Action on De Minimis Exemption September 18, 2024 – The Biden Administration announced last week that it intends to propose new regulations to reduce de minimis imports. The regulations include excluding shipments of products covered by Section 301, Section 201, or Section 232 tariffs from the de minimis exemption. The proposed regulations […]
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: EV Tariffs
Trudeau Targets Chinese EVs with 100% Tariffs August 28, 2024 – Canadian Prime Minister Justin Trudeau announced Monday that Canada will impose 100% tariffs on electric vehicle (EV) imports from China. This announcement follows a meeting with U.S. national security adviser Jake Sullivan. A 25% tariff will be imposed on steel and aluminum imports from […]
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 […]