The Office of the U.S. Trade Representative (USTR) has issued a notice announcing its determination that, effective July 14, 2006, Guatemala is eligible for retroactive preferential tariff treatment1 under the U.S.-Dominican Republic-Central America Free Trade Agreement (DR-CAFTA), effective for qualifying textile or apparel goods entered on or after January 1, 2004 and before July 1, 2006.
Customs duty
A customs duty is a tariff or tax which a country imposes on goods when they are transported across international borders. Customs Duties are used to protect countries' economies, residents, jobs, and environments, by limiting the flow of imported merchandise, especially restricted and prohibited goods, into the country. The Customs duty rate is a percentage determined by the value of the article purchased in the foreign country and not based on quality, size, or weight. U.S. customs duties are listed in the Harmonized Tariff Schedule of the United States.
On June 30, 2006, President Bush issued Proclamation 8034 to amend the Harmonized Tariff Schedule (HTS), etc., to implement the U.S.-Dominican Republic-Central America Free Trade Agreement (DR-CAFTA) for Guatemala.
The International Trade Commission (ITC) has issued a report entitled "U.S.-Peru Trade Promotion Agreement: Potential Economy-wide and Selected Sectoral Effects," which among other things, discusses the potential impact of the PTPA on textiles and apparel, aspects of which are highlighted below.
U.S. Customs and Border Protection (CBP) has issued two notices on the CAFTA-DR tariff rate quotas (TRQs) that are in effect for the July 1, 2006 - December 31, 2006 period for certain "qualifying" agricultural products (including sugar) from Guatemala.
The International Trade Commission (ITC) has posted to its Web site an updated version of the 2006 Harmonized Tariff Schedule of the U.S. (HTS) dated July 1, 2006 (Supplement 1).
U.S. Customs and Border Protection (CBP) has issued a revised version of its informed compliance publication (ICP) entitled, What Every Member of the Trade Community Should Know About: Peanuts and their Classification under the HTSUS.
The International Trade Commission (ITC) has issued a final report to the President in connection with its investigation of proposed modifications to the Harmonized Tariff Schedule (HTS) that are expected to take effect on January 1, 2007.
On June 30, 2006, President Bush issued Proclamation 8034 to amend the Harmonized Tariff Schedule (HTS), etc., to implement the U.S.-Dominican Republic-Central America Free Trade Agreement (DR-CAFTA) for Guatemala.
The International Trade Commission (ITC) has issued a final report to the President in connection with its investigation of proposed modifications to the Harmonized Tariff Schedule (HTS) that are expected to take effect on January 1, 2007.
According to U.S. Customs and Border Protection (CBP), the low-duty Tariff Preference Level (TPL) (1) for Mexico filled on June 22, 2006 at 8:36 a.m.