Customs Clarifies That “In Transit” Exemption Only Applies to Ocean Vessels
2 Articles
2 Articles
Customs Clarifies That “In Transit” Exemption Only Applies to Ocean Vessels
On April 30th, U.S. Customs and Border Protection (“Customs”) clarified in its International Emergency Economic Powers Act Frequently Asked Questions that the “in transit” exemption from reciprocal tariffs provided for in the Executive Order for goods in transit as of April 5th or April 9th applies only to ocean vessels. Customs stated the following: The in-transit provisions for reciprocal tariffs only apply to the vessel mode of transportation…
CBP Clarifies Reciprocal Tariff In-Transit Exemption: Ocean Vessels Only - GHY International
CBP has confirmed that only ocean vessel shipments qualify for the in-transit exemption from new reciprocal tariffs. Importers who incorrectly used the exemption code for non-vessel shipments must take immediate corrective action.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage