Two Minutes in Trade

USTR is continuing the section 301 tariffs in case anyone was wondering and has yet to do a full review of necessity that considers the negative impacts of the tariffs. Listen for more on today’s Two Minutes In Trade.

USITC released is annual “year in trade report”. While US exports grew, the higher base level of imports caused trade deficit to rise. Learn more on today’s Two Minutes In Trade

The PCAOB signed a deal to inspect fully Chinese and Hong Kong companies listed on US exchanges-is it more than a piece of paper? Listen for more on today’s Two Minutes In Trade

Post summary corrections are the only vehicle to correct entry summaries prior to liquidation. While completely optional, failing to use PSCs properly and track them carefully can lead to unpleasant surprises.

The Federal Highway Administration proposed a waiver of the Build America/Buy America requirements for EV chargers with comments due September 30, 2022. The proposed waiver would include scheduled increases to the US content requirements throughout 2023.

CBP states applicability claims vs admissibility reviews are the norm for UFLPA suspect goods as importers move out of XUAR. Listen for more.

One list you don’t want to be on is the Notorious Markets List. USTR is putting together is 2022 list. Listen for more details.

As a result of its recent ACE deployment, CBP Forms 28, 29 and 4647 now only are being routed to importers. If you want your customs broker to continue to be on the watch, there are very specific steps you need to take.

USITC has finished accepting input and will begin analyzing the info to compile its findings on the economic impact of section 301 & 232 tariffs on US industries. Learn more on today’s Two Minutes In Trade.

The IRA law has sparked rebukes from key allies over the EV tax credit provisions and manufacturing restrictions. Listen for more on today’s Two Minutes In Trade.