|Importers who were worried about the imposition of Section 301 duties from six countries (not China for this one!) because of findings by USTR over their stance on Digital Service Taxes can rest easy – for 180 days, at least. The USTR on Wednesday announced they were going to impose duties – but then immediately moved to suspend them for 180 days. Read the announcement here and we hope this portends positive ends to a number of trade remedy cases with America’s traditional allies.|
|IT’S ABOUT PARTNERSHIPS|
Alba president Salvatore Stile lays out what’s important in a Sourcing Journal guest editorial
We’re reinforcing two messages to our clients in these chaotic supply chain times. First – the path to success is based on a transparent partnership that sees Alba getting involved from even before an order is placed for production or shipment. Second, given both existing ad valorem and trade remedy duties, there is a way – coupled with the changing buying patterns of consumers – to reduce expenditures on duty at a time when transportation costs continue to rise unchecked.
STB Chair wants answers from Class 1 railroads ahead of peak seasons Marty Oberman is the chair of the U.S. Surface Transportation Board. With the trade association representing railroads reporting an increase of more than 20% in intermodal carloads and intermodal having its best January – May period ever, there are serious concerns looking ahead for shippers who need capacity to bring ocean containers into and out of inland points as well as for shippers of domestic intermodal boxes for distribution and final mile delivery. Oberman is looking for answers.
Beginning Monday, June 28th, imports of most aluminum products will require an aluminum import license. Companies need to register on the Commerce Department’s website and it is currently open for account registration and license applications. The system will use the same platform as the Steel Import Monitoring and Analysis System.
Importers of eligible aluminum products should contact their Alba representative for details.
The clock is ticking for importers and exporters who have filed entries with the U.S. Fish & Wildlife Service to keep their commercial information from becoming public as part of a FOIA request. The agency is giving interested parties until next Friday, June 11th, to submit a request in writing to be excluded. Commercial shippers who have filed a FW&S form 3-177 during these periods should take note and determine if they want to take action. The FOIA notice can be found here.
Congress looking to take action on US trade competitiveness with China Law firm and trade consultancy ST&R are reporting that there is a bill put forth in the Senate which, as written, would impact both importers and exporters doing business with China. S.1260, named the Endless Frontier Act, lays out a number of provisions from multiple Senate committees touching on forced labor, supply chain vulnerabilities and investing in domestic semiconductor and PPE manufacturing.
- Posted by Joe DeSilvetri
- On June 7, 2021
- 0 Comments