At a NATO meeting on Tuesday, December 3, 2019, President Trump declared that he was prepared to wait to negotiate a trade agreement with China until after the 2020 U.S. presidential election, dashing hopes that “phase one” of an interim agreement was to be reached soon. The 15% Section 301 List 4b tariffs are likely
Section 301
USTR Announces New Section 301 Product Exclusions
On November 26, 2019, the United States Trade Representative (“USTR”) issued another round of product exclusions pertaining to the 25% Section 301 List 3 Tariffs. The new list of exclusions includes 32 specifically crafted product descriptions that cover 39 separate exclusion requests. To see the full list of products click here. According to the…
Opening Day for Section 301 List 4 Exclusion Process
The process for filing exclusion requests for products on the Section 301 List 4 begins today, October 31, 2019 and ends on January 31, 2020 The Office of the U.S. Trade Representative (“USTR”) published the exclusion request procedures in the Federal Register on October 24, 2019.
Exclusion requests can be submitted via USTR’s portal…
USTR Announces New List of Excluded Products
On October 24, 2019, the Office of the United States Trade Representative (“USTR”) granted exclusions for 83 specific HTS numbers which are currently subject to 25 percent Section 301 tariffs under List 3. The product exclusions apply retroactively effective September 24, 2018 until August 7, 2020. To see a full list of the excluded products,…
World Trade Organization Allows U.S. to Levy Tariffs on $7.5 billion on Exports from EU over Airbus Dispute
On October 2, 2019, the World Trade Organization (WTO) Arbitrator ruled in favor of the United States and Boeing in its dispute against the European Union and Airbus on the subsidies provided by the E.U. to Airbus. The ruling permits the U.S. to levy retaliatory tariffs on approximately $7.5 billion worth of European exports to…
Two New Sets of Section 301 Product Exclusions
On September 30, 2019, the Office of the U.S. Trade Representative (USTR) issued a Federal Register Notice announcing two new sets of product exclusions for Section 301 tariffs on goods from China. The newly granted exclusions cover 92 product exclusions from the first tranche of Section 301 tariffs, which went into effect on July…
Trump Delays Hike in Tariff Lists 1, 2, and 3 as Gesture of “Good Will”
On Wednesday, September 11, 2019, President Donald Trump posed an unexpected tweet that the United States would be delaying the implementation of the tariff increase from October 1, 2019 to October 15, 2019 as a “gesture of good will” towards China. Originally, President Trump had planned to increase the current 25% tariff rate on $250 billion…
President Trump Announces Increases to Tariff Rate on Products from China
On August 23, 2019, President Trump announced via Twitter that the tariff rates on Lists 1, 2, and 3, worth approximately $250 billion worth of goods imported from China, will increase from 25% duty to 30% beginning October 1, 2019. Additionally, the President indicated that the tariff rate on the List 4 tariffs currently set to begin on September 1 will increase to 15% from 10%. It is unclear if the tariffs currently set to go into effect on December 15 will also be increased to 15%.
USTR Delays Implementation of Section 301 Duties on Certain Tranche 4 Products
The Office of the U.S. Trade Representative (“USTR”) announced on August 13, 2019 that several goods included on the upcoming tranche 4 of Section 301 tariffs, including laptops, computer monitors, cell phones, video game consoles, certain toys and certain items of footwear and clothing, will not face additional 10 percent tariffs until December 15, 2019. The agency also said there will be some products excluded entirely from the new set of tariffs for health, safety, national security or “other factors.”
President Trump Announces Tariffs on $300 Billion of Chinese Products
On Thursday, August 1, 2019, President Trump announced via twitter an additional 10% tariff on $300 billion worth of Chinese products (“List 4”). This is the fourth round of tariffs in the ongoing trade war between the U.S. and China. The List 4 tariffs were proposed on May 13, 2019 (see our previous post here).