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
tariffs
U.S. and China Agree to Gradually Eliminate Tariffs
Doubts over the progress of negotiations between the U.S. and China have been raised today as President Trump announced that the U.S. has not agreed to roll back tariffs as part of an agreement to end the trade dispute, contradicting statements from China’s Ministry of Commerce and several news reports. Based on recent news reports,…
World Trade Organization Authorizes China to Impose Punitive Tariffs Against United States
For the first time since China gained membership in 2001, the World Trade Organization (WTO) on November 1, 2019 authorized China to impose $3.6 billion worth of punitive and retaliatory tariffs on American imports. The WTO ruled that U.S. antidumping duties on imports of Chinese steel were overinflated because the methodologies used by the U.S.…
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,…
USTR Announces Start Date for Section 301 List 4 Exclusion Process
The Office of the U.S. Trade Representative (“USTR”) announced that starting on October 31, 2019, the exclusion process for Chinese imports subject to List 4 Section 301 tariffs of 15% will open and will conclude on January 31, 2020.
Details on the specifics of the application process are to be published in the Federal Register…
U.S. Levies Tariffs on E.U. Imports over World Trade Organization’s Airbus Decision
The U.S. is set to levy 25% tariffs on imports of specified European foods in response to the World Trade Organization’s (“WTO”) decision on October 2, 2019, that the European Union (E.U.) provided subsidies to Airbus at the expense of Boeing and the United States. These new tariffs will affect approximately $7.5 billion beginning today,…
ITC Opens Miscellaneous Tariff Bill (MTB) Process; Petitions Due by December 10, 2019
The U.S. International Trade Commission (ITC) announced on October 11, 2019 the opening of its system for accepting petitions for tariff relief under the American Competitiveness Act of 2016 (commonly referred to as the Miscellaneous Tariff Bill or MTB). The MTB allows U.S. importers to petition for duty-free or reduced-duty treatment of imported products that…
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%.