A PricewaterhouseCoopers trade and tax expert told an audience at the U.S. Fashion Industry Association Virtual Washington Trade Symposium that while the prospect of trade liberalization in the next few years is low, he does not think that threatened tariffs on apparel and other goods from European countries, Turkey and India will be levied in November, in retaliation for digital services taxes. Scott McCandless, who spoke July 14 at the virtual conference, said that although it will be "a complicated dance both internationally and domestically" to arrive at an agreement on the intertwined issues of minimum corporate taxes and digital services taxes, he thinks it's more likely than not that Congress will pass a tax bill this fall that would give countries the right to levy taxes on multinationals that do business in their countries. If that happens, he said, "The DSTs likely go away, and the proposed tariffs on countries that have DSTs will go away as well."
The following lawsuits were filed at the Court of International Trade during the week of July 5-11
Trade Law Daily is providing readers with some recent top stories. All articles can be found by searching on the title or by clicking on the hyperlinked reference number.
International Trade Today is providing readers with the top stories from July 6-9 in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
The following lawsuits were recently filed at the Court of International Trade:
The Court of International Trade granted a consent motion July 9 to stay proceedings in a case brought by Advantus pending the appeal of decisions made in two cases, ARP Materials, Inc. v. United States and Harrison Steel Castings Co. v. United States. Judge Miller Baker granted the stay until 30 days after the U.S. Court of Appeals for the Federal Circuit issues its mandates in those two cases. ARP and Harrison have not appealed to the Federal Circuit but indicated that they would like to do so (see 2106110053).
The following lawsuits were recently filed at the Court of International Trade:
Revisions to the tariff schedule over the past six months echoed the back and forth between the U.S. and the European Union over retaliatory tariffs under both the Airbus and digital services tax disputes. Provisions for new tariffs were added then suspended, some immediately. Other changes include updates for USMCA tariff-rate quotas, a Section 301 exclusion extension and an extension to Section 201 safeguards on large residential washers.
Tuesday's U.S. Court of International Trade opinion granting Section 301 plaintiffs HMTX Industries and Jasco Products a preliminary injunction freezing the liquidation of unliquidated Chinese imports with Lists 3 or 4A tariff exposure (see 2107060080) gave the public its first tangible peek into the court's possible thinking about the merits of the importers' unprecedented legal challenge to the Chinese duties.
The Customs Rulings Online Search System (CROSS) was updated July 2 with the following headquarters rulings (ruling revocations and modifications will be detailed elsewhere in a separate article as they are announced in the Customs Bulletin):