Updates on Section 301- Dec. 13, 2019

Section 301 Duties on Certain Products of China Scheduled to be Effective December 15, 2019 Have Been Suspended Indefinitely


BACKGROUND:

On August 20, 2019, as modified by 84 FR 45821 (August 30, 2019), the United States Trade Representative (USTR) published a Modification of Section 301 Action in 84 FR 43304 imposing additional tariffs on products of China with an annual trade value of approximately $300 billion which is referred to as Tranche 4.  The tariff subheadings subject to additional duties under Tranche 4 are separated into two lists with different effective dates –

List 1, covered by Annexes A and B, which became effective September 15, 2019; and

List 2, covered by Annexes C and D, which were scheduled to be effective December 15, 2019.

GUIDANCE:

Per the President’s December 13, 2019 statement, the List 2 duties covered by the $300 billion tariff action have been suspended indefinitely, and will not go into effect on December 15, 2019.

CBP will provide updates to any changes to the 15 percent Section 301 duties applicable to the products of China covered by List 1.


Source: CBP/CSMS

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