Tag Archives: Section 301

IMPORTERS RECEIVE A TEMPORARY REPRIEVE – ADDITIONAL SECTION 301 DUTIES WILL NOT INCREASE ON JANUARY 1, 2019…

Monday, December 3, 2018

IMPORTERS RECEIVE A TEMPORARY REPRIEVE – ADDITIONAL SECTION 301 DUTIES WILL NOT INCREASE ON JANUARY 1, 2019

Yesterday the US announced that the planned increase of the “List 3” goods from China beginning the first of the year would be placed on hold for ninety days. This delay will provide an opportunity to continue pending negotiations with China.

On September 24, 2018 “List 3” tariff codes, covering roughly $200 billion of Chinese origin products, became subject to additional “Section 301” duties in the amount of 10% with a provision that on January 1, 2019, the 10% duty rate would be increased to 25%, to match Lists 1 and 2, implemented earlier this year.

If you have questions regarding this new development please feel free to contact us at 316.721.8980 or at customerservice@fhkaysing.com

Is Your Section 301 Documentation In Order?

Friday, October 9, 2018

Is Your Section 301 Documentation In Order?

When the United States Trade Representative (USTR) issued their three lists of products that fall under Section 301 additional tariffs, many importers scrutinized their classifications to reconfirm that the correct HTS was being applied. In some cases, their review indicated that changes were necessary to ensure proper reporting of their goods. It is important to remember that if the analysis renders a revised classification, then it may be necessary to file a prior disclosure.

As CBP begins auditing goods subject to Section 301 duties, importers may notice an increase in Requests for Information (CF 28’s).  

Having been mostly duty-free in addition to intellectual property rights, goods falling in chapters 84 and 85 will likely be the focus in the early phase.

As always, it is imperative that importers exercise reasonable care by retaining all documentation necessary to substantiate any changes made, or claims they declare.

If you have any questions or concerns be sure to contact us at 316.721.8980.

Section 301 Update: List 3 Takes Effect

Tuesday, September 18, 2018

Section 301 Update: List 3 Takes Effect

Beginning September 24, an additional 10 percent tariff on goods from China will be imposed on 5,745 tariff lines, view list here with an import value of approximately $200 billion. As of January 1, 2019, this tariff is scheduled to increase to 25 percent.

According to the Office of the US Trade Representative (USTR) this list reflects the elimination of 297 subheadings that were originally announced. Goods such as consumer electronics, e.g., smart watches and Bluetooth devices, chemical inputs for manufactured goods, agricultural, and various health and safety products were removed from the proposed list.

Previously, the administration had announced List 1, imposing an additional 25 percent tariff on over 800 tariff lines valued at approximately $34 billion of goods from China, effective July 6, 2018. List 2 followed soon after with 25 percent tariffs levied upon 279 additional lines on $16 billion of goods from China that went into effect upon August 23.

With $267 billion more threatened, the reality of list 4 hovers.