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ITC publishes 2018 HTS

By 3 Mins Read

The Harmonized Tariff Schedule of the United States 2018 Basic Edition  (HTS; USITC Pub. No. 4750) was published by the US International Trade Commission. It took effect on January 1, 2018.   This edition incorporates all changes to the HTS that took effect after the January 2017 printed edition was published through Presidential Proclamation 9687 of [December 22, 2017]: To Take Certain Actions Under the African Growth and Opportunity Act and for Other Purposes (82 Fed. Reg. 61413), effective January 1, 2018, and other dates specified therein. It is available either as a full document download, or a chapter-by-chapter download.

US – USTR determines trade surplus of sugar goods

By 4 Mins Read

On December 28, 2017, the Office of the United States Trade Representative (USTR) published in the Federal Register a notice of its determination of the trade surplus in certain sugar and syrup goods and sugar containing products of Chile, Morocco, Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua, Peru, Colombia and Panama. The level of a country’s trade surplus in these goods relates to the quantity of sugar and syrup goods and sugar-containing products for which the United States grants preferential tariff treatment under the applicable free trade agreements and trade promotion agreements. The notice is applicable on January 1, 2018.

US – DoD publishes trade agreements thresholds

By 1 Min Read

On December 28, 2017, the Defense Acquisition Regulations System, Department of Defense (DoD) published in the Federal Register a final rule [Docket DARS-2017—0017] amending the Defense Federal Acquisition Regulation Supplement (DFARS) to incorporate revised thresholds for application of the WTO Government Procurement Agreement and the Free Trade Agreements, as determined by the United States Trade Representative.  The thresholds are effective January 1, 2018.  The thresholds are shown below:

USTR issues FY 2018 TRQ allocations for raw cane sugar, refined and specialty sugar and sugar-containing products

By 2 Mins Read

On July 14, 2017, the Office of the U.S. Trade Representative (USTR) published in the Federal Register a notice providing country-by-country allocations of the Fiscal Year (FY) 2018 (October 1, 2017 through Sept. 30, 2018) in-quota quantity of the tariff-rate quotas for imported raw cane sugar, certain sugars, syrups and molasses (also known as refined sugar), specialty sugar, and sugar-containing products.

OFAC publishes General License No. 4F authorizing certain transactions involving the Panamanian Mall and Associated Complex, Soho Panama, S.A. (a.k.a. Soho Mall Panama)

By 1 Min Read

On March 9, 2017, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) published a Kingpin Act General License: General License 4F “Authorizing Certain Transactions Involving the Panamanian Mall and Associated Complex, Soho Panama, S.A. (a.k.a. Soho Mall Panama).” 

US – Kingpin Act/Panama related General Licenses and FAQ update

By 1 Min Read

On January 5, 2016, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) published two Kingpin Act General Licenses: General License 3B, “Authorizing Certain Transactions and Activities to Wind Down Operations Involving La Estrella and El Siglo Newspapers”, and General License 4E, “Authorizing Certain Transactions involving the Panamanian Mall and Associated Complex, Soho Panama, S.A. (a.k.a. Soho Mall Panama).”  

US – President implements Nepal Preference Program, restores AGOA benefits to the Central African Republic. and revises certain FTA rules of origin

By 3 Mins Read

On December 20, 2016, the Federal Register published Proclamation 9555 of December  2016 – To Implement the Nepal Preference Program and for Other Purposes. Some of the modifications are needed to update the rules of origin in FTAs due to changes in the Harmonized System.  The Proclamation modifies the Harmonized Tariff Schedule of the US (HTS) as follows: