Description

The NAFTZ Advocacy Issues Webinar Series was started in response to the recent NAFTZ Advocacy and Public Policy Issues Survey.  A large majority of survey respondents indicated a strong desire to better understand and learn more about each of the association's advocacy and policy issues.  

This session will cover the Fair Treatment of FTZ goods should trade remedy tariffs be suspended or lowered issue.  

Featured Speaker: Trey Boring, IMS Worldwide, Inc. will cover how this issue emerged and what it means for zone operations.

Receive up to 1 CCS credit for attending the LIVE event, subject to NCBFAA Guidelines
The National Association of Foreign-Trade Zones (NAFTZ) is registered with the National Customs Brokers & Forwarders Association of America, Inc. (NCBFAA) as a sponsor for continuing education. NCBFAA has final authority on the acceptance of individual courses for CCS credit. No prerequisites or advance preparations required to attend this webinar and guest must attend the FULL LIVE 60minute event to receive up to 1 CCS Credit subject to NCBFAA guidelines. Requests for credit must be received within 3 weeks of the event. 

Fair Treatment of FTZ goods should trade remedy tariffs be suspended or lowered:

Background:

Ensure that goods admitted to FTZ in PF status for Section 232 and Section 301 tariffs are not subject to those additional tariffs when entered for consumption at a time when the same trade remedy tariff is reduced or no longer in effect.

Issue:

This is not what was done when the Section 232 tariff on Ukrainian steel was suspended.  That order specially required FTZs to still pay the Section 232 tariff even though other U.S. importers were no longer required to pay the tariff to bring formerly subject goods into the U.S. Commerce.  AD/CVD duties on goods in FTZs have been managed in this way since the 1980s. By explicitly requiring FTZs to pay the increased tariff, the US government significantly diminished one of the assets of the Zones program.

Advocacy effort:

Regulatory fix with potential for legislative action. NAFTZ is currently beginning joint conversations with USTR and Commerce with the intended purpose of ensuring any trade remedies initiated or modified by the US government do not diminish the economic value of the FTZ program.