Search Results for keywords:"duty-free treatment"

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Search Results: keywords:"duty-free treatment"

  • Type:Notice
    Citation:86 FR 691
    Reading Time:about 15 minutes

    The Office of the United States Trade Representative has announced the determination of trade surpluses for various countries related to sugar and syrup goods and products. These countries include Chile, Morocco, Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua, Peru, Colombia, and Panama. The trade surplus levels affect how much of these products can enter the United States duty-free under different trade agreements. For some countries, like Chile and Morocco, their negative trade surpluses mean they do not qualify for duty-free treatment, while others like Guatemala and Colombia have positive surpluses allowing a limited amount to enter tariff-free.

    Simple Explanation

    The United States is deciding how much sugar and syrup from certain countries can come in without extra taxes. Some countries have made more trades with the U.S. lately, so a small amount can come in tax-free, but others haven't, so they can't join in on the free sugar party.

  • Type:Notice
    Citation:89 FR 101554
    Reading Time:about 4 minutes

    The Department of Commerce, on behalf of the Committee for the Implementation of Textile Agreements (CITA), plans to submit a request to the Office of Management and Budget (OMB) to review an information collection for the United States-Colombia Trade Promotion Agreement. Public comments are invited for an additional 30 days to help minimize the reporting burden. This information collection relates to the commercial availability provision, which allows certain fabrics, yarns, and fibers not produced in Colombia or the United States to be eligible for duty-free treatment. The goal is to ensure wide participation, evaluate availability in a timely manner, and remain consistent with business practices.

    Simple Explanation

    The Department of Commerce is asking people to share their thoughts about a plan that makes it easier for clothes made from special materials not available in the US or Colombia to be sold without extra taxes. They want to make sure it's fair and easy to join in, like making sure everyone gets a turn to play with a new toy.

  • Type:Presidential Document
    Citation:90 FR 9277
    Reading Time:about a minute or two

    The President issued Executive Order 14200, which amends a previous order regarding tariffs on goods related to the synthetic opioid supply chain from China. The amendment allows certain goods that are typically duty-free to remain so, unless the Secretary of Commerce tells the President that the systems for collecting tariffs are working well. Additionally, the order clarifies that it doesn't change the authority of any government department or create new legal rights for anyone against the government.

    Simple Explanation

    The President made a new rule about when America will put taxes on things they get from China that are part of making bad medicines, like opioids. Some items can still come in without extra costs, but only until the government figures out a good way to collect these taxes fairly.