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Bond Sufficiency – Steel and Aluminum Products under Section 232

Last updated on June 7th, 2018

U.S. Customs and Border Protection (CBP) announced in CSMS#18-000372: UPDATE: Additional Duty on Imports of Steel and Aluminum Articles under Section 232 an update based on the President’s Proclamation on adjusting the duty and quota requirements for steel and aluminum.

The update advises as of June 1, 2018, all steel and aluminum articles imported from the following countries are subject to the Section 232 Import Duties:

  • Steel: All countries of origin except Argentina, Australia, Brazil and South Korea
    • All steel products must be classified under 9903.80.01 (25% percent) in addition to reporting under Chapters 72 and 73.
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Brazil Welcomes ATA Carnets!

rio-imageAfter much anticipation USCIB announced that Brazil has started accepting ATA Carnets for professional equipment and exhibitions and fairs! This could not come at a better time with the 2016 Olympic and Paralympic Games being held this year in Rio.

ATA Carnets are, simply put, passports for goods as they facilitate temporary entry into over 100 countries. Brazil has adopted and now is implementing the ATA Carnet system which will ease the requirements for companies and athletes involved in Rio 2016.

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