Tag: section 301

List 3 Exemptions

The first round of exemptions for Section 301, List 3 HTS codes has been published. The exclusions are retroactive to September 24, 2018 and will extend for one year after the publication of the notice. Click her to see the 10 specific product descriptions affected. If you are a customer of JWH then I have… Read more »

List 2 Exemptions

On July 31st the USTR published the first round of exemptions for Section 301, List 2 HTS codes. The exclusions are retroactive to August 23, 2018 and will extend for one year after the publication of this notice. FR 84 No. 187 outlines the exemption and the HTS affected. If you are a customer of… Read more »

Chinese Tariff Increase

Over the weekend President Trump has threatened that the additional duty on $200 billion worth of goods being imported from China could increase from the current 10% to 25%. The key word right now is THREATENED – that means there is still a chance that this weeks meeting with the Chinese delegation could produce another… Read more »

More Exclusions for Section 301

On March 25th The Office of the U.S. Trade Representative (USTR) announced a 2nd round of exclusions in the Federal Register. The exclusions announced will be retroactive as of July 6, 2018 and will extend for one year after the publication of the notice. The exclusions are specific HTS numbers in Chapters 84, 85, and… Read more »

Section 301 Tariff Increase Postponed

President Trump announced yesterday there has been significant progress in his talks with China regarding trade.  The positive talks have led the President to delay the increase of duty rates to 25% that was expected to take effect on March 2, 2019.  The news boosted both Chinese and US Stock markets.  I wish I could provide… Read more »

Section 301, List 3 Published

Here we go again, List 3 has been finalized and it covers 5,745 HTS codes that affect many different industries. Effective September 24th items on List 3 will have a 10% additional duty. Starting January 1, 2019, the additional duty will increase to 25%.  The major issue has been that this list hit closer to home for… Read more »

Section 301 China Tariffs

The comment period and testimony related to President Trumps Section 301 China Tariffs investigation have finished. The basic outcome is that there will not be any additional tariffs at this time. The President stated that China has agreed to purchase more US goods and services as well as more American farm products which will help… Read more »