Update 08/13/2018:
The President has directed the USTR to consider raising the tariff level from 10% to 25% on the most recent round of tariffs, described below. As a result, the comment period has been extended to September 6, 2018.
Posted: 07/19/2018:
U.S Trade Representative (USTR) announced last week that new tariffs of 10% will be imposed on a wide variety of goods. With over 6,000 items on a list of goods, this round of tariffs covers $200 billion worth of goods. It includes many food products, including soy, and seafood items such as shrimp, tilapia, salmon, crab, and tuna. This set of tariffs is scheduled to be imposed in early September, according to the pattern how the previous 25% tariffs came into effect.
U.S Trade Representative (USTR) announced last week that new tariffs of 10% will be imposed on a wide variety of goods. With over 6,000 items on a list of goods, this round of tariffs covers $200 billion worth of goods. It includes many food products, including soy, and seafood items such as shrimp, tilapia, salmon, crab, and tuna. This set of tariffs is scheduled to be imposed in early September, according to the pattern how the previous 25% tariffs came into effect.
Submit Comments
USTR will be accepting written comments from the public until September 6th, 2018, and will hold public hearings starting August 20, 2018, for the newest 10% tariffs. Contact us at contact@fdaimports.com for help drafting your official correspondence to USTR. If these tariffs will impact you, it is critical that you submit comments and make your voice heard.
Exclusions to Tariffs
Previously announced tariffs of 25% recently became effective. “For the first round of Section 301 tariffs, the USTR set up a procedure for importers to request an exclusion of a particular product from the tariffs, based on whether the product is available only from China, whether the additional duties would impose severe economic harm on the importer or other U.S. interests, and the strategic importance of the import or its relationship to the “Made in China 2025”,” explains Jessica Rifkin, Senior Customs Attorney. The public has been given 90 days, ending October 9, 2018, to file requests related to the 25% tariffs.
The regulatory consultants of FDAImports.com and our affiliated attorneys can help you evaluate your options, including filing exclusion requests. Contact us at contact@fdaimports.com today.
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.