USTR to Publish Official Notice Raising Section 301 List 4A and 4B Tariffs from 10% to 15%USTR to Publish Official Notice Raising Section 301 List 4A and 4B Tariffs from 10% to 15%
- August 28, 2020
Per our Shap Flash on August 24th, President Trump announced via Twitter that List 4A and 4B tariffs will be increased from 10% to 15% in response to the imposition of retaliatory tariffs on $75 billion worth of U.S. products exported to China.
On August 30th, the office of the U.S. Trade Representative (USTR) will publish the official notice in the Federal Register warning importers to prepare for the imposition of additional 15% tariffs for Section 301 List 4A products, effective September 1, 2019, and List 4B products, effective December 15, 2019, respectively.
The USTR notice doesn’t include any additional information regarding List 1, 2 and 3 rate increases that were threatened by the President last week.
Click here to view the Federal Register’s unofficial notice.
If you have any questions about the additional duties or would like to discuss your options as an importer please reach out to us at [email protected].
Shapiro will continue to monitor the situation and provide status updates on our Section 301 Tariff News page as they become available.
