The Customs Rulings Online Search System (CROSS) was updated July 23 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):
A coalition of business groups, including the U.S. Chamber of Commerce, the National Association of Manufacturers, the E-Merchants Trade Council, the National Foreign Trade Council and the Express Association of America, is pushing back against the de minimis legislation that was approved in the House Ways and Means Committee earlier this year, arguing that it would be "a massive cost to the federal government," shift trade to the mail, and create congestion at airports and a wave of abandoned packages.
The following lawsuits were filed at the Court of International Trade during the weeks of July 8-14 and 15-21:
Revenue from a 10% tariff on all U.S. imports could be offset by a tax cut, and together the two could result in an increase in incomes that would more than offset inflation caused by the tariff hike, according to an analysis released by the Coalition for a Prosperous America on July 24.
A recently introduced bill would create a 10-year tariff exemption for bicycle parts, with importers required to certify and document to CBP that the parts were used in the assembly of bicycles in the U.S. to qualify for the exemption, according to the text of the bill, released July 24.
The Customs Rulings Online Search System (CROSS) was updated June 28 - July 21 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):
The following lawsuits were recently filed at the Court of International Trade:
Vice President Kamala Harris, the likely Democratic presidential nominee, has said that former President Donald Trump's tariff policy was a "trade tax that has resulted in American families spending as much as $1.4 billion more on everything from shampoo to washing machines."
The Hyshield brand plant fertilizer produced by British Columbia-based Sipco Innovations ultimately should have China as its country of origin for marking purposes. However, the country of origin for the Hyshield product is Canada for Section 301 purposes, and it qualifies for preferential tariff treatment under USMCA, according to a May 8 ruling addressed to CBP’s Pharmaceuticals, Health and Chemicals Center of Excellence and Expertise in Newark, New Jersey, and recently released by CBP.
Republican presidential nominee Donald Trump, in a long acceptance speech at the Republican National Convention July 18, said Chinese companies are building large automobile factories in Mexico, and that "the United Auto Workers ought to be ashamed for allowing this to happen." He also said their leader "should be fired immediately, and every single autoworker, union and nonunion, should be voting for Donald Trump because we’re going to bring back car manufacturing, and we’re going to bring it back fast."