In early May, the U.S. Trade Representative (USTR) increased tariffs to 25% for Chinese products covered by List 3 of the Section 301 investigation. Now that the tariff rate has risen to 25%, the USTR announced that it will be setting up a process to apply for List 3 exclusions from the 25% tariffs. Yesterday, the USTR indicated that it anticipates the application process will open on or about June 30, 2019.
We recommend importers review their imported Chinese products to determine whether filing an exclusion application for List 3 products is in their business, commercial, and economic interests. A number of commenters did successfully manage to get their products removed from a prior Section 301 tranche by submitting exclusion applications.
As we have reported before, simply filling out the USTR form is unlikely to result in a successful
exclusion application. Providing USTR with factual analysis and a compelling policy argument will increase the likelihood of your application being successful. Now is the time to begin gathering the factual information and documentation that may support a successful application.
If you are interested in obtaining further information about filing exclusion applications and other possible ways to reduce or eliminate the effect of the tariffs, please contact us at contact@fdaimports.com.
This blog is provided for informational and educational purposes only and does not constitute legal advice, and is not intended to form an attorney-client relationship. Please contact your regular FDAImports representative for additional information.
