CBP Rules XCMG Evaded Trade Laws, Undervalued Imports

U.S. Customs and Border Protection (CBP) has issued a final determination that XCMG North America Corporation engaged in the evasion of trade laws. The ruling specifically addresses the undervaluation of mobile access equipment imported into the United States from China. This decision follows an investigation initiated by the Coalition of American Manufacturers of Mobile Access Equipment.

According to CBP, XCMG was aware that the declared value of its mobile access equipment manufactured in China was below the requirements set by U.S. law. The agency is now seeking the payment of all applicable duties and fees from XCMG. The exact financial penalties have not yet been disclosed.

The action highlights the ongoing efforts by U.S. authorities to enforce import regulations and prevent circumvention of trade laws. Undervalued imports can distort market competition and result in lost revenue for the government.

XCMG North America Corporation is the U.S. subsidiary of China-based XCMG Group, a manufacturer of construction machinery.