The trade war between the United States and China is being fought with goods that you may be importing into the United States. The process is moving fast and furiously, but there’s still time for your organization to get involved and petition for business-critical exceptions to the steeply escalating duty rates.
Pursuant to Section 301 of the Trade Act of 1974, the U.S. Trade Representative (USTR) has published three lists of goods that will be subject to additional duties.
*The duties to be imposed under Section 301 are in addition to any duties that may be imposed pursuant to the classification of the good under the HTSUS or any other trade remedy that may be applicable to the imported good.
Altogether, if duties are imposed against all of the listed items, nearly one in every two items imported from China will be subject to additional duties. The President has threatened to impose duties on the remaining goods imported from China as well.
Here’s a chart with all the dates we know so far in the rollout of the Section 301 investigation.
There are several steps taken by the USTR to determine which Chinese products may be subject to additional duties. Here are three possible ways you can take part in the process and advocate for your organization.
Thompson Coburn has developed specific cost-efficient processes to assist in reducing the collateral damage that may be experienced as a result of the trade war’s impact on your imported goods. We can also analyze your organization’s ACE data compared to the HTSUS subheadings — an evaluation that we may be able to complete at no cost to you.
For further assistance, contact Robert Shapiro in our International Trade group at firstname.lastname@example.org or 202-585-6926. You can also follow us on Twitter at @TCTradeReg.
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