This is a final class of the semester. Lecture focused on antidumping (ADD) and countervailing (CVD) duties, regarded by Customs and Border Protection (CBP) as a trade priority issue and increasingly present on the Customs Broker License Examination (CBE). Class started with general overview of ADD CVD concepts. Role of other agencies in ADD CVD law: Department of Commerce and International Trade Commission was discussed. After general introduction, lecture focused on CBP enforcement of ADD/CVD law and how the enforcement makes its way to Customs Broker License Examination. Lecture also touched upon reporting of ADD/CVD merchandise to CBP and shadows of repealed Continued Dumping and Subsidey Offet Act (a.k.a. Byrd Amendment). We also briefly talked about new law – Enforce and Protect Act – which resulted in promulgation of a whole new part within title 19 (“Customs Duties”) section of the Code of Federal Regulations: Part 165 – Investigation of Claims of Evasion of Antidumping and Countervailing Duties. Due to novelty of regulation and the law, however, the discussion was brief.
Class is a part of LawCustoms exam preparation series that focuses on helping examinees in obtaining a passing score on a customs broker license examination and becoming an individual Licensed Customs Broker in the United States.
Live classes are available online and in-person. For more information please visit http://lawcustoms.com/live/