The Commerce Department (Commerce) released its Interim Final Rule (IFR) for submission of exclusion requests and objections in connection with the Section 232 Steel and Aluminum tariffs. The IFR was officially published in the Federal Register on September 11 and it went into effect that day. The most significant change is that Commerce now allows … Continue reading Product Exclusion Request Process Now Includes Rebuttal
Economist Laura Baughman of the Trade Partnership has issued an Updated Policy Brief on the estimated impacts of the Section 232 steel and aluminum tariffs. This includes almost 13,000 job losses in the category of Fabricated Metal Products. This version, dated June 5, does two things: (1) It reflects the current state of play of the … Continue reading Job Losses To Increase as a Result of New Tariffs on Allied Countries
Independent economists Dr. Joseph Francois and Laura M. Baughman of the Trade Partnership Worldwide, LLC have issued a Policy Brief which estimates the impact on the US economy of the tariffs and retaliation by trading partners. The brief includes state-by-state job losses in every state. Some highlights include: The tariffs and retaliation would increase US … Continue reading Economic Firm Issues “Estimated Impacts of Tariffs on Steel & Aluminum”
by Bracewell LLC Despite assurance over the past several months that a successful renegotiation of NAFTA would lead to the end of Section 232 steel and aluminum tariffs on Canada and Mexico, termination of the tariffs was not part of the new US Mexico Canada Agreement (USMCA) and there is no indication that negotiations are … Continue reading CANADA to Impose Worldwide Tariffs, including Stainless Wire and Wire Rod
by Metals Service Center Institute The United States, Canada, and Mexico have reached an agreement to replace the North American Free Trade Agreement (NAFTA). Lawmakers in the US Congress have acknowledged the deal, called the United States, Mexico, Canada Agreement, or USMCA, will not be considered by lawmakers before this current congress adjourns in December. … Continue reading US, Canada, Mexico Trade Pact Will Have To Wait Until Next Congress
Exclusion requesters will have seven days from the opening of the rebuttal period to submit rebuttals. Objectors to exclusion requests will then have a seven-day surrebuttal period to post responses, which will be opened once rebuttals are posted by the Department and the case file is reopened. To further assist industry moving through the process, … Continue reading Need to Watch your Product Exclusion for Rebuttals?
This is an involved process which will require the expertise of your Customs Broker! To request an administrative refund for previous imports of excluded products granted by the US Department of Commerce (Commerce), importers may file a post summary correction (PSC) and provide the product exclusion number in the Importer Additional Declaration Field. Once products … Continue reading EXCLUSION GRANTED – How to Request a Refund of Tariffs Paid
By Bracewell, LLC What just happened? The US, Mexico, and Canada agreed to a revised version of the North American Free Trade Agreement (NAFTA. The new agreement is called “United States-Mexico-Canada Agreement” (USMCA). The Trump Administration framed the deal as a new model for trade agreements that balances the concerns of business groups that depend … Continue reading NAFTA No More: Introducing the US-Mexico-Canada Agreement
The AWPA has been tracking Section 232 Product Exclusion Requests, Objections and Decisions in the Bar, Rod and Wire sector. These include products of Carbon, Alloy and Stainless material. By the Numbers 12,215 Product Exclusion Requests were posted, as of September 4, 2018 1597 Objections to Product Exclusion Requests were posted, as of September 4 … Continue reading Section 232 Product Exclusion Requests – By The Numbers
The domestic wire rod industry has submitted a request to the US Department of Commerce (Commerce) to exclude grade 1078 and higher tire cord quality wire rod from the antidumping (AD) orders on carbon and certain alloy steel wire rod from Korea and the United Kingdom. One other country which also supplies this product to … Continue reading Tire Cord Wire Rod Exclusion Request for Korea and United Kingdom
By Ryan Ong, National Association of Manufacturers On September 25, on the sidelines of the United Nations General Assembly in New York, USTR Robert Lighthizer met with his counterparts from the European Union (Cecilia Malmström, European Commissioner for Trade) and Japan (Hiroshige Seko, Minister of Economy, Trade and Industry of Japan). The three parties discussed a … Continue reading Lighthizer Meets with EU, Japan Counterparts on Joint Activity on China, WTO
The earlybird registration deadline for the 2018 Operations Managers meeting is tomorrow. We hope that those of you who were at the Government Affairs conference last week, and heard AWPA President John T. Johnson speaking about the importance of this meeting to operations personnel, have contacted the people at your company who would benefit from … Continue reading Operations Managers Meeting Oct 16-17: Is Your Company Represented?
by the National Association of Manufacturers Top Line: The Chinese government overnight responded directly to yesterday’s formal announcements from President Trump and USTR to impose 10 percent tariffs on $200 billion worth of Chinese imports (List 3), announcing plans to impose its own retaliatory tariffs on $60 billion worth of U.S. exports at either a … Continue reading China Hits US Exports with $60b in Retaliatory Tariffs