On May 13, 2019, the Office of the US Trade Representative (USTR) published a Federal Register notice to begin the process of raising tariffs on the remaining imported Chinese products that are not already subject to Section 301. The proposed action will subject approximately $300 billion of Chinese imported goods to duty of up to 25%. The remaining HTS subheadings under consideration for the tariffs are found in the Federal Register notice.
This action follows the May 10th increase of Section 301 duties from 10% to 25% on $200 billion of imported Chinese goods. China has retaliated with additional tariffs of 5% to 25% on $60 billion worth of US imports starting June 1st. These responses are a result of stalled trade talks between the US and China.
The USTR has opened the public comment period and scheduled a public hearing for June 17th regarding the latest round of tariffs. The schedule of dates and procedures for written submissions are found in the Federal Register. For questions about your specific shipments, please contact Deringer’s Compliance Department.