On August 23rd, 2019, the U.S. Trade Representative (USTR) confirmed the U.S. Administration’s intent to increase Section 301 tariffs (duties) on Chinese origin products by 5%. Administration statements indicated the increase would apply to both Chinese products presently under existing Section 301 tariffs and those announced for future implementation. Such an action would increase existing tariffs (Lists 1, List 2 and List 3) from 25% to 30%. Future Section 301 tariffs (List 4A & List 4B) will increase from 10% to 15% upon implementation.
This increase will be effective October 1st, 2019 for Chinese products on Lists 1, 2 and 3. It is expected the increase will be applied based on the U.S. Customs entry date, or the date applicable products are entered for consumption, or withdrawn from warehouse for consumption, on or after October 1st, 2019.
List 4 products are scheduled to have Section 301 tariffs applied, including the 5% increase, for products entered for consumption, or withdrawn from warehouse for consumption, on or after September 1st, 2019 for List 4A and December 15th, 2019 for List 4B.
The USTR will publish a U.S. Federal Register notice with additional information as soon as possible.
Updated Chinese Section 301 information will be provided as it is made available. Given the very wide range of products that will be covered by this tariff announcement, importers are encouraged to carefully review the specific impact to their import program.
Please contact your local Delmar representative or email our U.S. Customs Advisory Services Group for additional information and assistance.