The USTR announced a small extension for certain products subject to the Section 301 List#3 tariff. It was initially announced that List#3 products that exported from China prior to May 10, 2019 had a deadline to enter before June 1, 2019 to maintain a duty rate of 10%. If the products entered on June 1,…
The USTR published today a new list of products representing approximately $300 billion in goods from China that will be assessed Section 301 tariffs up to 25%. The list covers almost all products heretofore not covered in the prior lists. This list therefore includes textiles, apparel, footwear, digital cameras, smartphones, and toys. The list does exclude pharmaceuticals,…
The U.S. government has issued another amendment in the effective date for the increase in the tariff for Trump’s Section 301 Tariff List#3. There are now three categories of possible entries. Category#1: Product exported to the United States BEFORE May 10, 2019 AND entered into the United States BEFORE June 1, 2019 Products in this category will receive the…
The U.S. government published in the Federal Register today the details regarding the the timing of the increase of the China Section 301 List#3 tariff from 10% to 25%. The official language is as follows: Effective with respect to goods (i) entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight…
Section 301 List#3 Rate Increase The U.S. government has officially posted the increase of tariffs from 10% to 25% for products under List#3 in the Federal Register. The increase officially takes place on May 10, 2019. All shipments of affected products arriving on or after May 10, 2019 will be subject to the increased tariff. As…
Citing “substantial progress” in trade talks, President Trump has delayed the tariff increase for products subject to his Section 301 List# 3 tariffs. Here is a quick overview of the status of the three tariff lists. List #1 – subject to 25% tariff as of July 6, 2018 List #2 – subject to 25% tariff…
President Trump announced a temporary ceasefire in the ongoing trade dispute with China over this past weekend. The main outcome of the truce is that the U.S. will delay implementation of the List #3 tariff increase from 10% to 25% that was supposed to go into effect on January 1, 2019. The delay is supposed…
The USTR this afternoon published the finalized list for Trump’s 3rd round of tariffs on products from China. The original list had 6031 tariff subheadings. The final list contains roughly 5745 tariff subheadings. I highly recommend that importers take a close look at the tariff list to review which of their products may be impacted. Please note…
On July 10, 2018, the USTR published a 3rd list of products from China that are to be assessed tariffs. This group of products will be assessed tariffs at a rate of 10%. Note that this is different from the 25% rate to be assessed on list 1 and list 2 products. This 3rd list of products…
The USTR announced on Friday, July 6, 2018 the process for applying for exclusions from Trump’s first Section 301 Tariffs on products from China. The actual procedures for applying for the exclusion were later published in the Federal Register. Importers who have products on Trump’s first tariff list should make note of the following when considering whether they should apply for an…