Commerce Set to Issue Proposal on Aluminum Import Monitoring Program
The Commerce Department is set to issue a proposed rule toward establishing an “aluminum import monitoring system,” according to a notice from the Office of Management and Budget that the proposal has completed the OMB review process. The system “will…
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help government officials and the industry to better identify trends in trade flows and address aluminum misclassification, transshipment and evasion of duties,” according to a February release from the Aluminum Association. Commerce already administers a steel import monitoring program, through which it requires importers to apply for a license by providing information including the type of steel product being imported and the country of origin, after which filers provide the licensing information with entry summary documentation.