USTR Announces Additional Product Exclusions for Section 301 List 3 TariffsUSTR Announces Additional Product Exclusions for Section 301 List 3 Tariffs
- June 26, 2020
USTR Announces Additional Product Exclusions for Section 301 List 3 Tariffs | Samuel Shapiro & Company, Inc.
The Office of the U.S. Trade Representative (USTR) announced that an additional item will be excluded from Section 301 List 3 Chinese tariffs.
The List 3 notice contains 1 HTS subheadings completely excluded from 25% tariffs. The notice also includes five updates to existing List 3 exclusions.
The latest round of exclusions will retroactively apply to all products meeting the specified criteria effective September 24, 2018 – the date the U.S. first imposed List 3 duties – and will expire on August 7, 2020, as a full year “would have resulted in disparities in the effective periods between exclusions granted early in the exclusion process and those granted later.”
All importers who have an eligible product are able to claim an exemption under the new exclusions, regardless of whether the importer filed an exclusion request.
The USTR will continue to issue decisions on pending exclusion requests on a periodic basis.
For all Shapiro customers, your Shapiro point of contact will be in touch shortly should this latest round of exclusions apply to your products.
Shapiro will also continue to monitor and provide status updates on our Section 301 Tariff News page as they become available.