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AIIS End of Year Letter
Dear AIIS Members & Friends: It was while re-reading Winston Churchill’s October 1941 speech to the young men at the Harrow School, 343 of whom would later die in battle, that I realized what I wanted to say to you in this letter. In his address,...
AIIS CUSTOMS CORNER | CBP Enforcement Activities Show Continued Increase
U. S. Customs and Border Protection (CBP) recently released FY 2020 Trade Statistics. The total import value for goods in FY 2020 was $2.42 trillion, slightly below the FY 2018 and 2019 figures, but above the 2017 amount. The number of entry summaries was also down...
AIIS Newsletter: November 2020
November 2020 Market Update After nearly a year of big changes for the United States, voters on Nov. 3 added at least one more, electing Democrat Joe Biden to replace Republican Donald Trump as President. In a close contest that wasn’t called until four days after...
Virtual Customs Committee Meeting
SAVE THE DATE American Institute for International Steel, Inc.Virtual Customs Committee Meeting 2:00 pm EST Thursday, December 3, 2020 The Base Metals Center, the National Commodity Specialty Division, and the AD/CVD Enforcement Branch at Customs and Border Protection...
AIIS Newsletter: October 2020
October 2020 Market Update The economic recovery is looking less like a V. Or even a U. Although it is still moving in the right direction, the pace of recovery has slowed, with the economy adding 660,000 jobs in September, according to the Bureau of Labor Statistics,...
AIIS Newsletter: September 2020
September 2020 Market Update The economic outlook for the United States and the world during 2020 has improved according to a report from the Organization for Economic Co-operation and Development (OECD), though the group cautioned that “the outlook is subject to...
CUSTOMS CORNER | Steel Import License Changes include Identifying Country where Steel is “Melted and Poured”
The Steel Import Monitoring and Analysis System (SIMA) administered by the Department of Commerce will be modified effective October 13, 2020. The major change is the requirement that the country where the steel was “melted and poured” be identified in the...
AIIS CUSTOMS CORNER
AIIS – CBP Base Metals Center Mid-year Update The Base Metals Center of Excellence and Expertise (BMC) of U. S. Customs and Border Protection (CBP) met by video conference with the AIIS Customs Committee on August 11, 2020, for the annual mid-year update briefing. The...
AIIS Newsletter: August 2020
August 2020 Market Update The U.S. economy shrunk at an annualized rate of 32.9 percent during the second quarter, an unprecedented contraction caused by the coronavirus pandemic and resulting lockdowns. The non-annualized negative growth rate was 9.5 percent, meaning...
AIIS – CBP Base Metals Center Mid-year Video Update
The Customs Committee of the American Institute for International Steel will host an update video conference call with the leadership of the CBP Base Metals Center on issues affecting steel importers. This will occur on...