Today (September 11, 2019), President Trump announced a short reprieve for goods on Lists 1, 2 and 3. The 301 tariff on those Chinese goods will still rise from 25% to 30%, but now instead of that happening on October 1, 2019, the effective date will be October 15, 2019. The stated reason for the
China Tariffs – List 4 Formally Announced
On August 15, 2019, USTR issued a pre-publication version of the Federal Register in which the formal announcement regarding China 301 Tariffs List 4A/B will be made. In that notice, USTR clarified the September 1, 2019 effective date refers to the date of entry or withdrawal for consumption for the goods on List 4A/Annex A.
Tit for Tat Continues – Will It Ever End?
Originally published by the Journal of Commerce in August 2019
Much has been said recently in the general press about the latest round of tariffs and what did or did not prompt President Trump to decide that August 1st was the right time to impose an additional 10% on the goods from China on the
China Tariff Update: List 4, Next Steps
While the Federal Register notice containing all the relevant details has yet to be published, today, the U.S. Trade Representative published an announcement confirming that certain unidentified products were removed from List 4 for health, safety, national security and similar reasons, and those remaining would be rolled out on two different lists with two different
The Trade War Wages On
As has been repeatedly mentioned in the general press, President Trump tweeted on August 1st that the U.S. “will start, on September 1st, putting a small additional Tariff of 10% on the remaining 300 Billion Dollars of goods and products coming from China into our Country.” There are lots of questions about what that short
China 301 – List 3 Exclusion Process
Originally published by the Journal of Commerce in July 2019
Much to the surprise of many American companies, my cost is going to go through the roof with a 25% tariff and price my products out of the market is not enough of a justification for an exclusion request to be granted. It was not
China 301 List 3 Exclusion Process Announced
In the June 20, 2019 pre-publication edition of the Federal Register, the U.S. Trade Representative announced the long awaited process for seeking exclusions for goods on List 3, the one which recently went from 10% to 25%. While the exclusion process itself generally mirrors the process applied to those goods on Lists 1 and 2,
Tariff Turbulence Continues to Fly!
Putting all the hyperbole and posturing to one side, the recent agreement between Mexico and the U.S. which averted the tariffs can be found in the U.S.- Mexico Joint Statement released June 7, 2019. It consists of a few broad policy statements:
- Mexico will deploy its National Guard throughout Mexico, giving priority to its southern
Trade Trouble – East, West and South, but North Is Settled for Now!
Agriculture Secretary Perdue recently stated the trade damages to be addressed in a new round of farm aid is $15 to $20 billion! The general press is replete with stories about how, as these tariffs continue, companies are making sourcing changes that will be hard to reverse. So, what is the latest news?
First, there
China 301 – Tariff Turmoil
For the most up to date details about the China 301 tariffs and how they apply to the goods on List 3 and the possibly soon to be published List 4,plus the state of China’s retaliatory tariffs, please see https://blogmsk.com/2019/05/14/tariff-turmoil/.