SEATTLE (Scrap Monster): U. S. Customs and Border Protection (CBP) released a CSMS message providing information on the Section 232 Steel and Aluminum tariffs for Canada and Mexico on May 19, 2019. This update implements the removal of Canada and Mexico from Section 232 coverage effective with entries filed on and after 12:01 a.m. Eastern Daylight Time on May 20, 2019. https://csms.cbp.gov/viewmssg.asp?Recid=24244&page=&srch_argv=19-000252&srchtype=all&btype=&sortby=&sby=
The filing instructions indicate that importers should no longer use the chapter 99 provisions when entering goods otherwise covered by the steel and aluminum Section 232 sanctions which have a country of origin of Canada or Mexico. Importers should note that origin for Section 232 is based on the standard substantial transformation rules, and not the NAFTA origin rules.
CBP has also advised that as of mid-day on May 20, 2019 there is no information on the timing for the reduction of the Section 232 duties on Turkey from 50% to 25% as previously announced by the President.
Courtesy: AIIS
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