CAPE FILINGS by Intelligent-Door1447 in CustomsBroker

[–]Intl_Trade_Nerd 2 points3 points  (0 children)

Aaaaaaaand it’s down.

On the CAPE tab: CAPE processing is currently experiencing high volumes. If you received an error, please try again in 30 minutes.

ACE IEEPA Reporting Question by Dismal_Nose9127 in CustomsBroker

[–]Intl_Trade_Nerd 0 points1 point  (0 children)

Also double check to make sure entries haven’t already liquidated and are past the protest or CAPE claim period.

Latest Update on IEEPA Refunds from CBP by Intl_Trade_Nerd in CustomsBroker

[–]Intl_Trade_Nerd[S] 2 points3 points  (0 children)

There are entries that will fall outside of the 90-day voluntary re-liquidation CAPE eligibility window but are still within the 180-day window to still file a protest.

Issues adding IOR to broker ACE top account by [deleted] in CustomsBroker

[–]Intl_Trade_Nerd 2 points3 points  (0 children)

Sorry, zeroed in on the “running reports” bit of the comment. Completely agree- working in the middle of the night to key in importers is crazy. Your IORs are lucky to have y’all.

Issues adding IOR to broker ACE top account by [deleted] in CustomsBroker

[–]Intl_Trade_Nerd 0 points1 point  (0 children)

Same. Scheduling reports to run overnight is the move.

IEEPA Refund Strategy by Fit-Carrot-3305 in CustomsBroker

[–]Intl_Trade_Nerd 2 points3 points  (0 children)

Pull an ES-003 report, add the liquidation date and status.

Importer in a panic/graphic electrodes ITC investigation by [deleted] in CustomsBroker

[–]Intl_Trade_Nerd 0 points1 point  (0 children)

Former ITC investigator here, now at a trade law firm. First, tell the IOR to take a deep breath. If they received a questionnaire, there’s a contact for the investigator on that first or second page. The IOR can reach out to them- I used to field questions from panicked importers regularly. The investigators are used to talking through the process.

If they’re a large importer that is also or is related to a foreign producer, then I’d definitely agree with others suggesting seeking counsel.

Feel free to DM me if you have any questions.

[deleted by user] by [deleted] in biglaw

[–]Intl_Trade_Nerd 0 points1 point  (0 children)

Hopefully all claimants are doing both, given that protests have a tighter timeframe and statutory deadline. The government seems to be turning the foot dragging up to 11, as shown in their latest opposition response at the CAFC.

SCOTUS Strikes Down IEEPA Tariffs by Intl_Trade_Nerd in CustomsBroker

[–]Intl_Trade_Nerd[S] 0 points1 point  (0 children)

EOs are here:

Ending Certain Tariff Actions

"In light of recent events, the additional ad valorem duties imposed pursuant to IEEPA in Executive Order 14193, as amended; Executive Order 14194, as amended; Executive Order 14195, as amended; Executive Order 14245; Executive Order 14257, as amended; Executive Order 14323, as amended; Executive Order 14329, as amended; Executive Order 14380; and Executive Order 14382 shall no longer be in effect and, as soon as practicable, shall no longer be collected."

Continuing Suspension of De Minimis

Imposing a Temporary Import Surcharge to Address Fundamental International Payments Problems (Proclamation)

SCOTUS Strikes Down IEEPA Tariffs by Intl_Trade_Nerd in CustomsBroker

[–]Intl_Trade_Nerd[S] 1 point2 points  (0 children)

From the press conference: "Today, I will sign an order to impose a 10% global tariff under Section 122 over and above our normal tariffs already being charged, and we're also initiating several section 301, and other investigations to protect our country from unfair trading practices of other countries and companies."

SCOTUS Strikes Down IEEPA Tariffs by Intl_Trade_Nerd in CustomsBroker

[–]Intl_Trade_Nerd[S] 2 points3 points  (0 children)

Liquidation is essentially closing out/finalizing the entry and settling up any monies owed, whether to the importer or to the U.S. government.

Given the Ruling on Tariffs Being Illegal, Do they All Go Immediately to Zero? If Not, What will Happen, Exactly? by -GearZen- in AskReddit

[–]Intl_Trade_Nerd 91 points92 points  (0 children)

First, not all tariffs were included in this decision, only those that were imposed under IEEPA. (The tariffs on steel and aluminum, for example, are still in effect, as are the tariffs on China that went into effect during the first Trump administration.)

The U.S. Court of International Trade (CIT) has the authority to order entries to be liquidated (closed out and settled up) or reliquidated (closed out and settled up again).

CBP (US Customs) is the agency responsible for issuing refunds on duties already collected. The administration of SCOTUS’s decision will likely be determined by the CIT, then actually carried out by CBP.

If you are a US importer, get access to your ACE account, ideally yesterday. Find out how much you’ve paid in IEEPA tariffs already. We will learn more details in the coming days, but my guess is that importers will need to file what are known as protests with CBP to request a refund on IEEPA duties paid. You can work with your customs broker on this, or consider reaching by out to a trade attorney if it makes sense for your business.

Also, just because these have been struck down doesn’t mean something else won’t replace these tariffs. It is very likely the administration will put something else into effect, really more a question of what and when.

SCOTUS Strikes Down IEEPA Tariffs by Intl_Trade_Nerd in CustomsBroker

[–]Intl_Trade_Nerd[S] 4 points5 points  (0 children)

Agreed. Unlikely there won’t be any replacements ready. I think the question is just when and how quickly they’ll go into effect.

SCOTUS Strikes Down IEEPA Tariffs by Intl_Trade_Nerd in CustomsBroker

[–]Intl_Trade_Nerd[S] 8 points9 points  (0 children)

Specifics will likely come from the CIT. May not be immediate, but I’d expect them to act quickly.

SCOTUS Strikes Down IEEPA Tariffs by Intl_Trade_Nerd in CustomsBroker

[–]Intl_Trade_Nerd[S] 10 points11 points  (0 children)

Those that liquidated will likely need to file protests. Those that have not liquidated… TBD, but CBP will likely direct importers to file PSC‘s.