Search Results for keywords:"Trade Act of 1974"

GPI Beauty, Inc. has notified the Foreign-Trade Zones Board about a plan to start production activity at its facility in Las Vegas, Nevada, located within Foreign-Trade Zone 89. The proposed production involves making plastic tube sleeves with caps, using materials like plastic bottles and glass bottles, which are subject to various import duties depending on their origin. Interested parties can submit comments on this proposal to the Board until April 21, 2025. Further information is available for public viewing on the Board's website or by contacting the assigned official.

The Economic Development Administration (EDA) has announced that it received petitions from several firms requesting Trade Adjustment Assistance due to increased imports affecting their businesses. The EDA is investigating whether these imports have led to job loss or reduced sales for these firms. Interested parties can request a public hearing on the matter by contacting the EDA within ten days of this notice. The process follows guidelines outlined in the Trade Act of 1974.

The U.S. Trade Representative has concluded that Vietnam's actions and policies related to currency valuation are problematic for U.S. commerce. They determined that Vietnam's management of its currency, particularly through excessive foreign exchange market interventions, gives it an unfair advantage in international trade. These practices were found to be unreasonable, burden or restrict U.S. trade, and therefore can be addressed under Section 301 of the Trade Act of 1974. The U.S. is considering further actions to address these issues.

The Employment and Training Administration of the Department of Labor is investigating requests from workers to determine if they are eligible for assistance due to job losses caused by foreign trade, as outlined in the Trade Act of 1974. These investigations, listed in an appendix, aim to find out when the job losses began or if they might start soon. People interested in the investigations can request a public hearing or submit comments in writing by February 8, 2021. The petitions are available for public viewing at the Department of Labor in Washington, DC.

Bosch Security Systems, LLC has proposed a new production activity at its facility in Greer, South Carolina, which is located in the Foreign-Trade Zone (FTZ) 38. They plan to assemble and modify equipment like video surveillance systems, fire detection systems, and access control systems, which could qualify for reduced customs duties under FTZ procedures. Bosch aims to use specific foreign-sourced materials and components under these FTZ conditions. Public comments on this proposal are invited until April 6, 2021, and more information can be sought from the Board's Executive Secretary.

The Office of the United States Trade Representative (USTR) has determined that China's efforts to dominate the maritime, logistics, and shipbuilding sectors have been found to be unreasonable and negatively impact U.S. commerce, making it actionable under section 301 of the Trade Act of 1974. The USTR's investigation revealed that China implements aggressive policies and industrial planning to gain a significant market share in these sectors, which disadvantages U.S. companies by reducing competition and creating dependencies that pose economic security risks. Public comments and a report underscore that these actions undercut U.S. business opportunities and investments, and restrict competition and choice, affecting vital supply chains. Future proceedings will decide on actions to counter China's practices under section 301(b).

The Department of Labor issued summaries of decisions regarding whether workers can apply for trade adjustment assistance (TAA) under the Trade Act of 1974. These decisions are based on several criteria. Workers from firms that have either increased imports, shifted production to foreign countries, or become suppliers to other firms deemed eligible for assistance, could be certified to receive TAA. In some cases, investigations revealed that the criteria for assistance were not met, while in others, the determinations to terminate investigations were due to withdrawn petitions or coverage under existing certifications.

RECARO Aircraft Seating Americas, LLC has informed the Foreign-Trade Zones Board of its plans to start a new production activity at its facility in Fort Worth, Texas, within Foreign-Trade Zone 196. This activity would involve using certain foreign materials like gas generators for airbag belts and electric storage batteries, and it has to follow specific regulations due to import duties. Public comments are invited until May 21, 2025, and the notification can be inspected online. For more information, one can contact Juanita Chen at the provided email address.

The Economic Development Administration (EDA), part of the U.S. Department of Commerce, has announced that it received petitions from several firms seeking eligibility for Trade Adjustment Assistance. The EDA is investigating whether increased imports into the U.S. have led to job losses or decreased sales for these firms. The public can request a hearing on this matter by submitting a written request within ten days of the notice's publication. These actions are part of the Trade Adjustment Assistance for Firms program under the Trade Act of 1974.