News & Analysis as of

Exports Trade Facilitation and Trade Enforcement Act

Troutman Pepper Locke

Drawback Claims Are Increasingly a Boon for Cigarette Importers

Troutman Pepper Locke on

Importers of smoking tobacco products, particularly cigarettes, are increasingly saving millions in federal excise taxes by employing a refund mechanism known as the “drawback.”...more

White & Case LLP

US Treasury Department Designates China as a "Currency Manipulator" Under 1988 Statute

White & Case LLP on

On August 5, 2019, the US Department of the Treasury ("Treasury") announced that Treasury Secretary Steven Mnuchin, "under the auspices of President Trump," has determined that China is a "currency manipulator" pursuant to...more

Nelson Mullins Riley & Scarborough LLP

International Law Bulletin - Vol. 22, No. 8

INTERNATIONAL BUSINESS AND TRADE - Agriculture - U.S.: The Administration is seeking authorization to impose about $350 million duties in trade retaliation against Indonesia through the WTO alleging that Indonesia has not...more

Kelley Drye & Warren LLP

Potential Drawback Opportunity for Distilled Spirits

“Drawback” is U.S. Customs program that allows importers to get their duty payments refunded by Customs if they export the same or a similar product. There are lots of permutations and it’s quite a bit of “paperwork” to...more

Akin Gump Strauss Hauer & Feld LLP

President Trump Issues Two Executive Orders on Trade and Customs Enforcement, and Trade Deficits

On March 31, President Trump signed two Executive Orders (EOs) that address trade. The first EO addresses increased enforcement of U.S. trade and customs laws and specifically calls for plans and strategies to combat the...more

Foley & Lardner LLP

U.S. Customs and the New Trump Administration: Your Top Ten Questions Answered

Foley & Lardner LLP on

During the campaign, U.S. Customs & Border Protection (CBP) was mostly mentioned by President Trump in the context of illegal immigration. Controlling the flow of people, however, is only one of the jobs of CBP, which is part...more

King & Spalding

Trade & Manufacturing - June 2016

King & Spalding on

President Obama Signs American Manufacturing Competitiveness Act of 2016 - On May 20, President Obama signed the American Manufacturing Competitiveness Act of 2016 into law (the Act). The Act restores the ability of the...more

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