Tuesday, October 1, 2019
Tariffs Expected to Increase On Lists 1, 2, and 3 of Goods from China
The proposed increase in additional tariffs from 25% to 30% on $250 billion worth of imports from China is still anticipated to become effective on October 15.
List 1 – 818 tariff subheadings with an annual trade value of $34 billion
List 2 – 279 tariff subheadings with an annual trade value of $16 billion
List 3 – 5,733 tariff subheadings with an approximate annual trade value of $200 billion
Negotiations are scheduled for next week and may affect the date and rate of this change. FHK will follow this and keep you informed.