Taxes, Tariffs & Trade
Taxes, Tariffs & Trade Issues
The U.S. Department of Commerce (DOC) Bureau of Industry and Security (BIS), which is overseeing the exclusion request process for Section 232 tariffs on imported steel and aluminum, has already received more than 40,000 exclusion requests. To help mitigate the backlog, BIS recently updated the exclusion request process. Also, the Secretary of Commerce is now […]
Now that all three lists of Section 301 Chinese imports subject to tariffs have been finalized, the exclusion process has begun. While to date, no exclusions have been granted, Christine J. Sohar Henter, of counsel with NAFEM’s legal partner Barnes & Thornburg, says, “The initial submissions that have all been denied give us a ‘sneak […]
The Office of the U.S. Trade Representative (USTR) has announced a process to obtain product exclusions from the additional tariffs in effect on certain products imported from China under the U.S. response to China’s unfair trade practices related to the forced transfer of U.S. technology and intellectual property.
In last month’s Advocacy Update, we introduced the Coalition of America Metal Manufacturers and Users (CAMMU), a group NAFEM and other organizations have joined to oppose the recently enacted tariffs on steel and aluminum imports. An important aspect of CAMMU’s success is being able to personalize and monetize the impact of the tariffs on U.S. businesses.
President Trump’s recent announcement and official order to implement a 25 percent tariff on steel and a 10 percent tariff on aluminum imports could have large implications on U.S. manufacturers. Read NAFEM’s position and what these tariffs mean to foodservice E&S industry here.
As part of its Section 301 investigation into Chinese intellectual property and technology transfer issues, the U.S. Trade Representative (USTR) released one list of products (list 1) on which 25 percent tariffs will be immediately imposed, beginning July 6.
- Court hears challenge to Section 232 tariffs
Jan. 21, 2019
- Negotiations underway on Section 301 tariffs on Chinese imports
Jan. 21, 2019
- NAFEM submits comments on USMCA
Jan. 21, 2019
- NAFEM supports USMCA, calls for steel/aluminum tariff exemptions
Jan. 7, 2019
- Farm bill passes Congress, awaits president’s signature
Dec. 18, 2018
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