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What Happened This Month in International Trade (February 2025)
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What Happened This Month in International Trade (February 2025)
MTB, Snapshot

What Happened This Month in International Trade (February 2025)

Another busy month in international trade. Here is a roundup of the latest legal and policy developments.

Customs and Border Protection (CBP)

CBP released their January 2025 monthly update. Highlights:
- Seized 1,977 shipments that contained counterfeit goods.
- Stopped 1,986 shipments for suspected use of forced labor.
- Identified $71 million in duties and fees owed to the U.S. government.
CBP announced the results of their recently completed global interoperability standards technology demonstrations. The results will help the agency in its efforts to modernize ACE 2.0 and make it consistent with CBP’s 21st Century Customs Framework.

Administration

In a Truth Social post, President Trump stated that the suspended 25% tariffs on goods from Mexico and Canada will go into effect on March 4. He also stated that China will also face an additional 10% tariff beginning March 4.
President Trump issued a memorandum titled “Defending American Companies and Innovators From Overseas Extortion and Unfair Fines and Penalties.” The memo instructs USTR to consider whether to renew 301 investigations of several Digital Services Taxes and other policies that may discriminate against the United States.
In a Truth Social post, President Trump announced that on March 1, the Administration is terminating the “Concession Agreement” that the Biden Administration reached with Nicolas Maduro of Venezuela. The agreement involved oil transactions and electoral conditions. According to the post, the electoral conditions have not been met and the country has failed to transport Venezuelan migrants back to Venezuela.
During a White House Cabinet meeting […]

By Jennifer Diaz|2025-02-28T07:25:02-05:00February 28, 2025|MTB, Snapshot|0 Comments

The New Miscellaneous Tariff Bill Process Set to Begin

A detailed timeline of the process can be found here. The new MTB process, as set out in the law, runs from October 2019 through the end of 2020. The dates and time frames below have been calculated from the start date announced by the U.S. ITC and the text of the legislation:

October 11 – December 10, 2019: USITC MTB portal open for petition submission.
December 10, 2019 – January 11, 2020: USITC compiles petitions.
No later than January 11 – USITC issues Federal Register notice soliciting comments on product petitions.
January 11 – Late February, 2020 (45 days): USITC accepts public comments through online portal.
January 11 – Mid-April, 2020 (90 days): Commerce conducts its review of petitions, at the end of which it submits its report to the congressional committees and the USITC.
January 11 – Mid-June, 2020 (150 days): USITC conducts its review of petitions, at end of which it submits its Preliminary Report to the congressional committees, taking into consideration the Commerce Report.
Mid-June – mid-August, 2020 (60 days): USITC conducts re-review of individual petitions, based on information submitted by the congressional committees, at the end of which it submits its Final Report to the congressional committees.

A successful MTB petition will cover a “noncontroversial” or “noncompetitive” product. The guidelines defining those products are:

No domestic producer objects to the import duty elimination or reduction for the product;
The import duty elimination or reduction […]

By Jennifer Diaz|2022-07-07T14:06:21-04:00November 12, 2019|Customs Expert, Export, Import, International Law, International Trade, MTB, U.S. Customs and Border Protection (CBP), U.S. International Trade Commission (USITC)|1 Comment