USTR Finalizes Section 301 Tariff List
On September 18, the Office of the United States Trade Representative (USTR) released the final list of Chinese imports that will be subject to additional tariffs. The products on this list equate to approximately 200 billion dollars in goods. The additional tariffs on these products begin today, September 24, and will initially be in the amount of 10 percent. On January 1, 2019, the additional tariffs will increase to 25 percent.
After requests for comments and a 6-day hearing in August, the USTR and the interagency Section 301 Committee removed 297 of the 6,031 tariff lines the original proposed list consisted of. Among the products removed are certain consumer electronics products such as smart watches and Bluetooth devices; certain chemical inputs for manufactured goods, textiles and agriculture; certain health and safety products such as bicycle helmets, and child safety furniture such as car seats and playpens.
To view the tariff list in its entirety, please see here.
© , NCBFAA, Washington D.C. Monday Morning eBriefing. Originally published [09/24/2018]. www.ncbfaa.org. Reprinted by permission.