|Early steps by the Biden Administration’s trade team have shown a willingness to continue his predecessor’s use of trade remedy duties when American companies are treated unfairly overseas. Comments will be due on Friday for any companies who want to head off potentially expensive 25% ad valorem duties on prominent exports from key American allies and trading partners because those countries continue to pursue digital services taxes which would disproportionately target U.S. tech companies.|
|Orange County World Trade Week|
Alba’s Vince Iacopella moderating panel on port congestion and supply chain issues. Joining Vince will be Peter Friedmann, the Pacific Coast Council’s Chief Counsel and “Our Man in DC,” the Chief Operating Officer of the Port of Long Beach, Dr. Noel Hacegaba and David Libatique, Deputy Executive Director, Stakeholder Engagement of the Port of Los Angeles. The panel will be held Tuesday, May 19th from 10 – 11 PT. For more information about the panel and Orange County World Trade Week in general, check out this week’s blog.
April 30th deadline for comments on proposed digital service tax duties. The USTR is moving forward with plans to impose Section 301 duties selected products from Austria, India, Italy, Spain, Turkey and the United Kingdom because these countries are still pursuing digital services taxes. 25% duties on footwear and handbags from Italy would severely disrupt the flow of these products. Companies wishing to submit comments have until this Friday.
Have you been catching our weekly webinar series with Pete Mento? Last Wednesday, Pete discussed duty minimization, recovery and elimination. The recording has been archived here. If you are interested in catching any of the four remaining installments of the series including next Wednesday’s “Preparing for a Customs Audit,” be sure to register at this link. These informative webinars are perfect for professionals and interested parties looking to hear about these topics in more detail.
If there were doubts about what the Administration’s engagement policy with China would be, Commerce Secretary Raimundo put them to rest. At a meeting of the Commerce Department’s Committee on Supply Chain Competitiveness, she told the attendees that there is a “whole-of-government review” regarding strategy for dealing with China, not just with tariffs and export controls but by bolstering investments here at home.
Hong Kong government changes COVID pilot quarantine policy – air cargo to benefit. Hong Kong-based Cathay Pacific operates a robust freighter operation that had been hobbled by a strict quarantine policy. A week ago Friday, the government announced a change for fully vaccinated pilots and cabin crew which hopefully will allow for a return to a robust flight scheduled which will benefit air freight shippers tremendously.
- Posted by Joe DeSilvetri
- On April 28, 2021
- 0 Comments