Espacio dedicado al Comercio Exterior
21.
U.S.-Jordan Free Trade Area Agreement (JFTA)
The United States-Jordan Free Trade Area agreement went into effect on December 17, 2001, and provides for the elimination of tariffs on almost all qualifying goods within 10 years.
Eligible Items
JFTA benefits apply to tariff items listed in the Harmonized Tariff Schedule and identified by “JO” in the Special column.
Eligibility Requirements, General
Drawback is a refund of monies⎯customs duties, certain internal revenue taxes and other fees⎯that were lawfully collected at the time of importation. The Continental Congress established drawback in 1789 to create jobs in the new United States and to encourage manufacturing and exporting.
For drawback to be paid, the imported merchandise must be exported or destroyed under CBP supervision after importation.
Types Of Drawback
Antidumping (AD) and countervailing (CVD) duties are additional duties that may be assessed on imported goods intended for sale in the United States at abnormally low prices. These low prices are the result of unfair foreign trade practices that give some imports an unearned advantage over competing U.S. goods.
The U.S.-Chile Free Trade Agreement (US-CFTA) took effect January 1, 2004, with the enactment of the US-CFTA Implementation Act (P. L.108-77; 117 Stat. 909). (Presidential Proclamation 7746, the official announcement of US-CFTA, incorporates by reference Publication 3652 of the U.S. International Trade Commission. Publication 3652 amends the Harmonized Tariff Schedule by adding General Note 26, which implements the duty provisions of the US-CFTA. Title 19, Code of Federal Regulations is being amended to implement the US CFTA.)