Tariff on China List 4A Goods to be Lowered Feb. 14 (From Sandler Travis)
The Section 301 additional tariff on List 4A goods imported from China will be reduced from 15 percent to 7.5 percent as of 12:01 a.m. EST on Feb. 14, according to a notice from the Office of the U.S. Trade Representative. That is the effective date of the phase one trade agreement the U.S. and China signed Jan. 15 in Washington.
A full list of goods affected by this change, which have a total trade value of approximately $120 billion, is available at
https://www.strtrade.com/assets/htmldocuments/USTR%20301%20List%204A.pdf
In addition to this reduction in tariffs, importers of List 4A goods, which have been subject to higher tariffs since Sept. 1, 2019, can request exclusions for their goods. However, such requests must be filed by Jan. 31. Requests must be submitted through an online portal and will require a significant amount of company and product information. For more info, please go to
https://www.strtrade.com/news-publications-China-4A-tariff-USTR-011720.html?mkt_tok=eyJpIjoiTW1ZNE5XWXlOV1k1WkRnMCIsInQiOiJaN2Q5Z09GQjlERTN5SG9BVFwvMTJaNW9WazJQdDAzeDlPV2R2RUFhOVN0akx3TXNVZEplbnNTV3NmdFVhSFRIUHg0N1pQb3lFNXlzb2U5eXp2NDlNUk9yZUZ4S2JTZ0FVeWRoY2ZLZlwvWmFxVnF5VngxUURMelRTcjZzY0lKUCtDIn0%3D#utm_source=tradereport&utm_medium=email
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