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US: CBP Effectuates Executive Order Increasing Tariffs by 25% for a total 50% on Indian Imports over Purchases of Russian Oil

By , , , , and 2 Mins Read

On August 25, U.S. Customs and Border Protection (“CBP”) issued a draft Federal Register notice to effectuate the President’s Executive Order (“EO”) on “Addressing Threats to the United States by the Government of the Russian Federation,” which imposed additional tariffs on imports of Indian origin due to India directly or indirectly importing Russian oil. Under these new tariffs, imports of most goods of Indian origin will be subject to an additional 25% duty, effective August 27, which…

Court of International Trade Rules IEEPA Tariffs Must Be Rescinded Within Ten Days

By , , , , and 4 Mins Read

In a landmark decision, the United States Court of International Trade (“CIT”) has ruled against the President’s imposition of tariffs under the International Emergency Economic Powers Act (“IEEPA”). The decision (involving two consolidated cases, V.O.S. Selections, Inc. et al. v. United States of America et al. and The State of Oregon et al. v. United States Department of Homeland Security et al.), is the first court decision on the Administration’s trade policy and the first…

The WTO: a powerful but undervalued organization for customs valuation issues

By , , , and 4 Mins Read

World Trade Organization (“WTO”) Members laid out several key principles for determining the customs value of imported goods in the 1995 Customs Valuation Agreement (“CV Agreement”) with the aim of ensuring that the value of Members’ tariff concessions would not be nullified or undermined. Nonetheless, the WTO is – incorrectly – seldomly considered as a relevant forum for addressing customs valuation issues. This blog post highlights two avenues at the WTO for dealing with customs…

US – CBP issues guidance on Sec. 301 action re: EU Large Civil Aircraft

By 4 Mins Read

On January 11, 2021, US Customs and Border Protection (CBP) issued CSMS #45453497 – GUIDANCE: Revision of Section 301 Action: Enforcement of U.S. World Trade Organization Rights in Large Civil Aircraft Dispute, which is provided below: The purpose of this message is to provide notice of the United States Trade Representative’s (USTR) determination to revise the list of products subject to additional duties under the Section 301 Large Civil Aircraft (LCA) remedies, imposing additional 15…