On November 26th the USTR announced 32 specially prepared product descriptions, which cover 39 separate exclusion requests.” These exclusions are specific to List 3 and will be retroactive. Please review the list carefully since the exclusions are very specific and do not apply just because the HTS code matches.
Tag: section 301
Tariff Rollback, can it be true ?
For the first time since the Section 301 tariffs have been applied to goods out of China we are hearing that China has agreed to roll back the tariffs in simultaneous stages if the trade talks with the US advance. Normally our news is always coming from the White House however this time Chinas Commerce… Read more »
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 »
YES – It is true, MORE TARIFFS
President Trump announced he will impose an additional 10% tariff on the remaining $300 billion dollar of goods from China. These goods are on List 4, and include footwear, clothing, and other goods that have been kept off previous lists. This announcement comes after 2 days of negotiations. Another meeting of negotiators has been scheduled… 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 »