Tariffs. Customs. Trade Remedies

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Mexico

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On April 30, 2018, the President signed Presidential Proclamation Adjusting Imports of Aluminum into the United States.  The Proclamation states that the United States has agreed in principle with Argentina, Australia, and Brazil on satisfactory alternative means to address the threatened impairment to our national security posed by aluminum articles imported from these countries, so they will remain exempt from the tariff in Proc. 9704 until details are finalized. The United States is continuing discussions…

On April 21, 2018, the Ministries of Foreign Affairs and Economy announced the successful conclusion of negotiations for a new global agreement with the European Union that includes political, economic and cooperation aspects to strengthen the political dialogue, boost trade and investment and increase technical and scientific cooperation for the benefit of both societies. The remaining part of the announcement (translation) says:

On March 8, 2018, President Trump signed two Presidential Proclamations, Presidential Proclamation on Adjusting Imports of Steel into the United States and Presidential Proclamation on Adjusting Imports of Aluminum into the United States pursuant to section 232 of the Trade Expansion Act of 1962, as amended (19 U.S.C. 1862), imposing additional tariffs on importations of steel and aluminum products and modifying the Harmonized Tariff Schedule of the United States (HTSUS).

What is the Global Pedimento?

The global pedimento is an administrative benefit established in the Foreign Trade General Rules, by means of which it is possible to adjust the import customs value, or the export commercial value, declared in import and export pedimentos filed during a fiscal year, without the need to rectify each import and export pedimento subject to adjustments. [Note: pedimento is a Customs declaration.]