Search Results for keywords:"customs duties"

The United States Department of Commerce and the International Trade Commission have decided to continue imposing antidumping duties on non-malleable cast iron pipe fittings from China. This decision comes after a review that determined ending these duties could lead to dumping and harm the U.S. industry. The order was originally implemented to prevent unfair pricing that would damage domestic production. As a result, U.S. Customs will continue collecting duties on these imports to maintain fair market conditions.

The U.S. Department of Commerce has concluded that producers and exporters of melamine from Trinidad and Tobago are benefiting from government subsidies, which are against trade rules. This investigation covers the year 2023, and no changes were made to the scope since the initial findings. If the U.S. International Trade Commission also concludes that these imports harm the domestic industry, a countervailing duty will be applied to these imports. If no harm is found, the investigation will be terminated, and any duties collected will be refunded.

Bauer Manufacturing LLC, operating as NEORig, has submitted a notification to the Foreign-Trade Zones Board regarding proposed production activity in Conroe, Texas. They seek to expand their production capabilities to include two new finished products under FTZ 265. This would enable Bauer to save on customs duties for materials used in exporting and choose favorable duty rates for domestic sales. The deadline for public comments on this proposal is March 22, 2021, with more information available through contact details provided in the notice.

Celgene Corporation has notified the Foreign-Trade Zones (FTZ) Board about its proposed manufacturing activities in Warren and Summit, New Jersey. The notification seeks permission for these locations to operate under FTZ 49 to produce cell therapy products, allowing Celgene to avoid customs duties on certain foreign materials used in products destined for export. The company may also reduce or defer duties on foreign equipment and scrap. Public comments are invited until April 6, 2021, and further details can be obtained by contacting the FTZ Board.

Arvato USA, LLC, for GoPro, Inc., has submitted a notification to the Foreign-Trade Zones (FTZ) Board about proposed production activities at their facility in Louisville, Kentucky, within FTZ 29. The production involves assembling digital camera bundles with various components like camera mounts, batteries, and accessories, some of which may carry customs duties based on origin. Public comments on this proposal are invited until February 11, 2025, with more details available through the Board's online system. For further questions, Juanita Chen can be contacted by email.

Wacker Polysilicon North America, LLC has notified the Foreign-Trade Zones (FTZ) Board about a proposed production activity at their facility in Charleston, Tennessee. They want to produce hydrophilic fumed silica, which could allow them to avoid customs duties on some foreign materials used for exports. For domestic sales, Wacker could choose to pay lower duty rates for certain components. The public can comment on this proposal until March 24, 2021, by emailing the FTZ Board’s Executive Secretary.

Juno Therapeutics, Inc. has submitted a proposal to the Foreign-Trade Zones Board for production activity at its facility in Bothell, Washington. The facility will focus on producing cell therapy products, and the proposal includes plans to utilize foreign-sourced human T-cells, which are duty-free. If approved, this setup could allow Juno to avoid customs duties on certain materials and potentially defer or reduce them on production equipment. Public comments on this proposal are invited until April 12, 2021.

The U.S. Department of Commerce has shared preliminary findings that thermal paper from Germany was not sold below normal value from November 2022 to October 2023. The review process involved examining sales of Koehler Paper SE, as a request for review of another company, Mitsubishi Hitec Paper, was withdrawn. The review's results will inform customs duties and deposit rates, and public comments are invited. The final results will be published later, guiding assessments for future imports.

Enovix Corporation has submitted a proposal to the Foreign-Trade Zones (FTZ) Board to engage in production activities at its Fremont, California facility within Subzone 18K. This facility will produce lithium ion metal batteries using foreign-sourced materials and components. The FTZ designation could allow Enovix to avoid or defer customs duties on certain foreign materials used in exports and possibly reduce duties on production equipment. Public comments on this proposal are invited until April 5, 2021, and can be submitted via email to the FTZ Board.

The U.S. Customs and Border Protection agency has announced new interest rates for calculating interest on overdue accounts and refunds of customs duties, effective from January 1, 2025. For both corporations and non-corporations, the interest rate on underpayments will be 7 percent. The interest rate on overpayments will be 7 percent for non-corporations and 6 percent for corporations. These rates are based on the Federal short-term rate and have decreased from the previous quarter.