On September 17, 2018, USTR finalized a list of 5,745 imported products from China (referred to as “List 3”) for which additional tariffs are to be collected starting September 24, 2018 at a rate of 10 percent, rising to 25 percent starting January 1, 2019. The value of List 3 goods is estimated at approximately $200 billion. The Federal Register notice for this announcement was published on Friday, September 21, 2018 and differs somewhat from the Section 301 tariff announcements previously published for List 1 and List 2.
Section 301
USTR Announces New Process for Exclusion Requests on 2nd Round of Section 301 Tariffs on China
On Tuesday, September 18, 2018, the Office of the U.S. Trade Representative (USTR) announced a process for obtaining product exclusions from the 25% tariffs on certain products imported from China as a response to the Section 301 investigation on China’s trade practices.
New Section 301 Tariffs Released with Few Exemptions Granted
On Monday, September 17, 2018, the Office of the United States Trade Representative (USTR) finalized and released the list of imported products from China (approximately $200 billion) for which additional tariffs are to be collected. According to President Trump, the initial tariffs will take effect on September 24, 2018 at a rate of 10 percent. At the direction of the President, he has instructed the USTR to, “increase the level of trade covered by the additional duties in order to obtain elimination of China’s unfair policies.” Subsequently starting on January 1, 2019 this will increase to 25 percent.