In keeping with the temporary regulatory freeze announced by the Biden Administration last week, the U.S. Department of Commerce has delayed the effective date of the final rule implementing the International Trade Administration’s new Aluminum Import Monitoring and Analysis System, from January 25, 2021, to March 29, 2021.
Commerce says it has delayed the effective date “in order to allow the incoming Administration time to review the final rule and consider any additional comments before implementation.”
Status of Import Licenses
As a result of this delay, licenses will no longer be required for covered aluminum product imports beginning on January 25, 2021, as would otherwise have been the case.
Note: The AIM system website remains operational and will continue providing further guidance on licenses already issued and the issuance of new licenses during the intervening period prior to March 29, 2021.
Following a suggestion from the White House, according to an unpublished rule submitted to the Federal Register, stakeholders and other interested parties are being invited to make additional comments “on all aspects of the final rule and the AIM system.”
Comments should be made (within 30 days following publication) through the Federal eRulemaking Portal citing Docket No. ITA-2021-0001.
Need More Information?
Should you have any questions about this temporary delay in the aluminum import licensing requirement, don’t hesitate to contact one of our knowledgeable trade experts.