CIT Bars Collection of New 232 Duties on 'Derivatives' From Single Importer
The Court of International Trade on Feb. 13 issued an injunction barring CBP from collecting new Section 232 tariffs on finished steel and aluminum products form a single importer, PrimeSource. The preliminary injunction says CBP cannot collect “duty deposits” on…
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PrimeSource’s entries of goods covered by the tariffs, which took effect Jan. 8, and sets bonding requirements until CIT enters final judgment in the case. The preliminary injunction results from an agreement between the government and PrimeSource nine days after the lawsuit was filed.