Additional China Tariffs on Imported Goods to the US Announced May 10

On June 15, 2018, the U.S. Trade Representative utilized Section 301(b) of the Trade Act of 1974 to introduce additional tariffs on certain products imported from China. The U.S. government issued a list of goods subjects to tariffs which will impose a tariff of 25% on approximately $50 billion of goods imported from China for list 1,2.

List 1 products, with a total import value of $34 billion, were subject to an additional 25 percent tariff as of July 6, 2018. The deadline for requesting exclusions from this increase was Oct. 9, 2018, resulted in 125 exclusions. Exclusions were granted for one year after the exclusion is published in Federal Register. List 2 products, with a total import value of $16 billion, were subject to an additional 25 percent tariff as of Aug. 23, 2018. The deadline for requesting exclusions from this increase was December 18, 2018, all requests are still undergoing review.

On Sep 17, 2018, United States Trade Representative (USTR) finalized List 3 which imposed a tariff of 10% on approximately $200 billion of goods imported from China, with no exclusion permitted. However, a scheduled Section 301 tariff increase from 10% to 25% was postponed earlier this year, due to “substantial progress” in trade negotiations between the two countries.

On May 10, 2019, the United States increased the level of tariffs on list 3 from 10% to 25%, imposed on list 3 products exported to US from May 10, 2019, or the products entered on or after June 1, 2019, regardless of export date. However, the duty rate will be 10 percent for List 3 products exported before May 10th and entered before June 1, 2019.

 United States Trade Representative (USTR) will begin the process of raising tariffs on essentially all remaining imports from China, which are valued at approximately $300 billion.

The U.S. government issued three lists of goods which enforced a tariff of approximately$250 billion on goods imported from China. These lists were compiled based on extensive interagency analysis and a thorough examination of comments and testimony from interested parties. The tariffs impact products in industries such as automobiles, aerospace, new materials, robotics, industrial machinery, information and communications technology.  The products are divided into three lists:

The first list includes 818 tariff lines. These lines cover approximately $34 billionworth of imports from China. Customs and Border Protection began collecting the additional duties on July 6, 2018.The second list includes 279 tariff lines.  These lines cover approximately $16 billionworth of imports from Customs and Border Protection began collecting the additional duties on August 23, 2018.The third list includes 5,745 tariff lines. These lines cover approximately $200 billionworth of imports from. Customs and Border Protection began collecting the additional duties on September 24, 2018. 

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The affected products of this new tariff.The Harmonized Tariff Schedule of the United States (HTSUS) of the affected products.The Tariff Impact status (Impacted/Possibly Impacted/Not Impacted) depending on flags of China country of origin and HTSUS.The cross-reference of the affected products to find the replacement of these products from another country of origin. 

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   References:

https://ustr.gov/about-us/policy-offices/press-office/press-releases/2018/june/ustr-issues-tariffs-chinese-productshttps://ustr.gov/about-us/policy-offices/press-office/fact-sheets/2018/june/section-301-product-list-fact-sheethttps://ustr.gov/about-us/policy-offices/press-office/press-releases/2018/july/ustr-releases-product-exclusionhttps://ustr.gov/about-us/policy-offices/press-office/press-releases/2018/august/ustr-finalizes-second-tranchehttps://ustr.gov/about-us/policy-offices/press-office/press-releases/2018/september/ustr-finalizes-tariffs-200https://ustr.gov/about-us/policy-offices/press-office/press-releases/2019/may/statement-us-trade-representativehttps://www.strtrade.com/f-tariff-actions-resources.html#china301