TARIFF SANCTIONS TO BE INCREASED BY THE UNITED STATES AND CHINA

China announced last Friday, August the 23rd that it will increase its tariff on U.S. goods imported into China and worth approximately $75 billion.   Not long after, also on Friday late afternoon, President Trump reacted by sending tweeter messages stating that the duties for China Section 301 Lists # 1, 2 and 3 will be increased… Read more »

CHINA SECTION 301 – LIST #4 – USTR SETS DATE FOR TARIFFS

The U.S. Trade Representative has set the date when the additional duties will go into effect for List #4 as follows: For goods covered by List #4A: 10% additional duty will apply to goods entered or withdrawn from warehouse for consumption on or after 12:01 a.m. on September 1, 2019. For goods covered by List #4B: 10%… Read more »

U.S. Trade Representative (USTR) Announces Tariffs For China Section 301 List # 4:

The USTR announced today that a 10% tariff  will go into effect on September 1, 2019 for products included in list 4A (access here).   Some of the commodities in this list include certain food products, chemicals, fireworks, pesticides, plastic/ wooden/ articles, apparel, footwear, ceramic and glassware, metal products, clocks and watches. Articles included in list… Read more »

CHINA SECTION 301 – LIST # 4 – NO CHANGE – AWAITING OFFICIAL ANNOUNCEMENT

There has not been any additional information regarding the proposed List # 4 of Chinese Section 301 Sanctions.  The new list will not become official until it is published in the Federal Register. Only then we will know the tariff rate, the final list of commodities and classifications affected, as well as the dates that will determine… Read more »

CHINA SECTION 301 – LIST # 3 – PRODUCT EXCLUSION GROUP # 1

The First Group of Product Exclusions for List # 3 of the China Section 301 Sanctions has been granted by the U.S. Trade Representative and will be applied retroactively to September 24, 2018.   The exclusions will remain in effect for one year after the date of publication in the Federal Register.   For full details please… Read more »