​USTR Proposes Additional Duty Rate on $300 Billion Worth of Chinese Products

Posted May 14, 2019
Category Company News
The Office of the United States Trade Representative (USTR) has announced a modification to the current Section 301 investigation that looks to add additional 25 percent tariff duties to approximately $300 billion worth of Chinese goods. According to the proposed modification, this new list comprises 3,805 full and partial tariff subheadings and "covers essentially all products not currently covered by action in this investigation." The proposed product list excludes pharmaceuticals, certain pharmaceutical inputs, select medical goods, rare earth materials, and critical minerals. USTR will convene a public hearing on June 17 to discuss this proposed modification. All written comments and…

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​This Morning's Rumor Becomes This Afternoon's Fact

UPDATE: CHINA 301 LIST 3 TARIFF INCREASE TIED TO DATE OF EXPORT; EXCLUSION PROCESS TO BE ISSUED On May 8, 2019, the U.S. Trade Representative ("USTR") issued a Notice confirming that Chinese-origin merchandise listed on Section 301, Tranche 3, will be subject to an increased additional tariff rate of 25% ad valorem. Importantly, the change will take effect with respect to goods:   entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 AM Eastern Daylight Time on May 10, 2019, and exported to the U.S. on or after May 10, 2019. Those goods have been subject…

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