​Rumors that Trump List Three Escalation to 25% Likely Friday 12:01 AM

Posted May 8, 2019
Category Company News
In the face of massive uncertainty on the status of the US/China trade negotiations, importers should be aware that the duty rate for List 3 products could go from 10% to 25%, as early as 12:01 AM Friday. Also, a "List 4" may be announced covering the remaining products from China not yet addressed in Lists 1 – 3. A "List 4" process would be similar to the notice and comment process for Lists 1-3. The options available to minimize the List 3 impact would be: 1) pre-clear inbound goods that will arrive by Thursday night (goods must be within…

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