Industry News

CSMS # 65340246 – GUIDANCE: Section 232 Aluminum Import Instructions for Reporting Unknown for the Country of Smelt and Cast **** Summarizing below context: Importers need to know the country of smelt casting and melt and pour for the steel…

Section 232 Increase   As reported by International Trade Today (ITT), President Trump in a Truth Social POST this evening said he has authorized the increase of the steel and aluminum tariffs from 25% to 50%, effective June 4. NCBFAA…

  as of May 30, 2025, 12 PM (CST) What happened? On May 28, the Court of International Trade (CIT) ruled that the IEEPA tariffs imposed by the Trump Administration were unlawful and ordered them to be revoked within 10-days.…

The U.S. Customs and Border Protection has released a guidance on changes made to the earlier announced tariffs. Please see below: Imports from China, Hong Kong, and Macau: New Duty Rate: An additional 125% ad valorem duty will apply to…

In regards to the President’s announcement on the 104% China tariffs that take effect at midnight: April 9th, 2025, here’s how that tariff will be assessed. The Executive Order provides an updated reciprocal rate of duty for goods of China of 84%,…

Key Points:  All goods from China /HK are subject to: – Regular HTS duty – Section 310 tariff (7.5% or 25%) – IEEPA tariff (20%) – Reciprocal Tariff (10%, starting April 5. 34% starting April 9) – Section 232 (steel/aluminum) tariff,…

    The current Administration issued a proclamation on March 26, 2025 imposing 25% tariffs on imported cars, light trucks, and certain auto parts under Section 232 of the Trade Expansion Act.   This tariff is in addition to any…

  On or after April 2, 2025, a tariff of 25 percent may be imposed on all goods imported into the United States from any country that imports Venezuelan oil, whether directly from Venezuela or indirectly through third parties.  Duties imposed by…