800.274.2329 | Customs Brokerage Services Custom Brokerage Resources About AFC International Customs Brokerage News Contact Us GET A QUOTE » U.S. TRADE NUMBERS : WHAT YOU SHOULD KNOW The United States Customs and Border Protection enforces U.S. trade laws to protect the American public and businesses from unsafe products, intellectual property theft, and unfair trade practices. Through revenue collection efforts, enforcement actions, and implementation of trade remedies, they facilitate legitimate trade. Here are some important U.S. trade numbers you should know from 2018 and 2019. Total Import Value for Goods – $2.64 Trillion Total Duties Collected – $41.6 Billion SECTION 201 DUTY ASSESSMENT Section 201 is a series of safeguard duties and quotas on steel products. It determines if imports of steel products might cause disruption to the U.S. economy. The following investigations were implemented and the total duties assessed as of July 2, 2019. Washing Machines – $164,804,752 Washing Machine Parts – $1,075,945 Solar Panels – $707,863,485 SECTION 232 DUTY ASSESSMENT These investigations deemed that quantities of steel and aluminum imports “threaten to impair U.S. national security.” In turn, the current President imposed restrictions on aluminum and steel. The following investigations were implemented and the total duties assessed as of July 2, 2019. Aluminum – $1,832,353,943 Steel – $5,801,756,602 SECTION 301 DUTY ASSESSMENT These trade remedies, which are still in negotiation as of 2019, have been placed on certain products from China. These tariffs allow the U.S. to counter foreign government’s trade agreement violations or unreasonable burden on U.S. commerce. To read each of the full lists of products, go to The Office of the U.S. Trade Representative official website. The following investigations were implemented and the total duties assessed as of July 2, 2019. Total Duties Assessed from China – $19,604,841,574 2018 TOTAL TRADE PENALTIES AND LIQUIDATED DAMAGES ISSUED Over 1,300 penalties were issued in 2018. The CBP also issued over 9,000 Liquidated Damages cases resulting in $15.5 million dollars in penalty and liquidated damages collections. These were issued, in part, on products that violated trademark, copyright laws and as well as other Customs and government regulations. PROTECTING OUR CONSUMERS The United States Customs and Border Protection agency enforces roughly 500 U.S. trade laws and regulations. To protect the U.S. economy, the U.S. Customs and Border Protection agency helps to maintain legal trade and collection of revenue. HOW AFC INTERNATIONAL CAN HELP Our expert customs brokers ensure that you navigate all the rules and restrictions that go along with importing your specific goods. Customs brokers give you the tools to better understand the U.S. trade numbers and programs and can also help you avoid trade penalties. Working with a licensed customs broker that utilizes the best resources for importing ensures your imports are filed properly and import clearance delays are avoided altogether. « The ABCs for a New Importer Your Ultimate Guide to Customs Brokerage Services » AFC International has experienced Licensed Customs Brokers that can file your Import Security Filing (ISF), Customs Entries, and other import-entry-related information with U.S. Customs officials, monitoring your imports throughout the import clearance process. Our value-added customs brokerage services are provided to ensure import clearance success. Call us at 800-274-2329 or get a quote today to get started. « Shipping Imports From China: What You Need to Know Importing Goods from Mexico » AFC International has experienced Licensed Customs Brokers that can file your Import Security Filing (ISF) and other import-entry-related information with U.S. Customs officials, monitoring your imports throughout the imports clearance process. Our value-added customs brokerage services are provided to ensure import clearance success. Call us at 800-274-2329 or get a quote today to get started. AFC INTERNATIONAL: CUSTOM BROKERAGE SUPPORT GET A QUOTE Customs Brokerage Services Customs Brokerage Resources About AFC International Customs Brokerage News Contact Us AFC International, LLC 800.274.2329 2021 © AFC International, LLC | Privacy Policy / Terms of Service