Ongoing negotiations between the United States and China have resulted in the postponement of additional sanctions under Section 301 for certain Chinese products covered by List #3. Currently, the additional duty rate for the affected goods is 10%, but that rate was scheduled to be increased to 25% as of January 1, 2019.
The U.S. Trade Representative published a notice in the Federal Register on December 19, 2018 announcing that the rate increase will not be implemented until March 2, 2019. U.S. Customs has just informed the trade that goods entered for consumption, or withdrawn from warehouse for consumption, will be subject to the additional duty rate of 25% on or after 12:01 a.m. eastern standard time on March 2, 2019, and also stated as a reminder that Section 301 is based on the country of origin rather than country of export.
China announced last week the suspension of its retaliatory 25 percent tariffs on certain vehicles and auto parts imported from the United States until March 31, 2019.