Category Archives: Trade Alerts

USTR Releases Another Round of Exclusions for Section 301 List 3

Friday, November 8, 2019

USTR Releases Another Round of Exclusions for Section 301 List 3

Yesterday the Office of the United States Trade Representative (USTR) announced another set of product exclusions for goods from China pertaining to List 3 of Section 301.  Click here to view the USTR Notice.

This set of exclusions contains 2 HTS subheadings (8409.91.3000 and 8708.50.9500) that will be wholly excluded from the 25% tariffs, and 34 partially excluded subheadings.

These exclusions will apply for all products that meet the specific criteria from September 24, 2018, the date that List 3 was imposed, until August 7, 2020. The U.S. Trade Representative will continue to issue determinations on pending requests on a periodic basis.

FHK will continue to follow this and keep you informed and as always, please feel free to contact us with any questions.

USTR ANNOUNCES NEW SECTION 301 EXCLUSIONS FOR LIST 3

Friday, November 1, 2019

USTR ANNOUNCES NEW SECTION 301 EXCLUSIONS FOR LIST 3 ($200 Billion)

The Office of the U.S. Trade Representative released a notice of newly added exclusions to the Section 301 duties on goods from China that apply from September 24, 2018 through August 7, 2020. Please click the link below to read the Federal Register notice to review the 83 new exclusions and be sure to contact us if you have any questions regarding this or any trade related matters.

Click here

Exclusion Process for Section 301 List 4a Begins October 31, 2019

Tuesday, October 22, 2019

Exclusion Process for Section 301 List 4a Begins October 31, 2019

The Office of the U.S. Trade Representative (USTR) announced that it will begin accepting tariff exclusion requests for Chinese goods that are subject to an additional 15 percent tariff. Any exclusions granted will be effective for one year starting from September 1, 2019, the date this list became effective.  See List 4a here.

The web portal for submitting exclusion requests will open at noon on the 31st and close on January 31, 2020 at 11:59 PM EDT. Details regarding the application process will be published in the Federal Register soon.

USTR List 4a Notice of Exclusion Request Process

Exclusion Request Procedures

Be sure to contact us if you have any questions regarding this or any trade related matters.

Planned Increase of Tariffs on Lists 1, 2, and 3 of Goods From China Has Been Suspended

Monday, October 14, 2019

Planned Increase of Tariffs on Lists 1, 2, and 3 of Goods From China Has Been Suspended

Following up on the FHK trade alert issued October 1, 2019, the proposed increase in additional tariffs from 25% to 30% on $250 billion dollars worth of imports from China has been postponed as a result of promising trade talks with China.  Tariffs will remain at their current rate of 25% on these goods for now.

It is to be noted however that this postponement does not include the planned 15% tariff on products from List 4b that include laptops, smartphones, footwear, and clothing which is  scheduled to begin December 15.

FHK will continue to follow this and keep you informed and as always, please feel free to contact us with any questions.

Miscellaneous Tariff Bill Petitions

Monday, October 7, 2019

Miscellaneous Tariff Bill Petitions May be Submitted Starting Oct. 11

The petitions approved in the most recent Miscellaneous Tariff Bill (MTB) are set to expire on December 31, 2020. Approved MTB’s can suspend or reduce duties on imported goods if there is no sufficient domestic production or availability and result in significant savings. The US International Trade Commission (USITC) will open a portal on Friday, October 11 for submitting petitions for tariff suspensions and reductions under MTB and will close on December 10, 2019.

Specific information is required to be submitted in the petition and the USITC will publish all petitions that contain the required information and related disclosure forms on its website in January, 2020. After a 45-day public comment period, the USITC will submit a final list of approved petitions to Congress for approval of the MTB. This process could be approved as soon as the Fall of 2020.

Click here to learn more about how to file an MTB petition and here for guides for filing procedures. As always, please contact us at FHK with any questions you may have regarding MTB’s.

United States Trade Representative Releases List of European Goods

Thursday, October 3, 2019

United States Trade Representative Releases List of European Goods Subject to Additional Duty Rates

Following the World Trade Organization determination that the U.S. is allowed to impose up to $7.5 billion annually in countermeasures against the European Union due to subsidies provided to the aircraft manufacturer Airbus, the U.S. announced a hike in tariffs beginning October 18.

The U.S. is set to impose additional tariffs of 25% on more than 150 products imported from the EU countries, as well as an additional 10% on new aircraft from France, Germany, Spain, and the United Kingdom.

Click the link below for the notice released by USTR of the final product list of affected goods. The definitive product coverage will be published in an upcoming Federal Register notice.

 FR Notice of Final Product List

Please contact us with any questions you have regarding this notice.

Tariffs Expected to Increase

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.

 

ADDITIONAL EXCLUSIONS ANNOUNCED FOR SECTION 301 LISTS 1, 2, AND 3

Tuesday, September 24, 2019

ADDITIONAL EXCLUSIONS ANNOUNCED FOR SECTION 301 LISTS 1, 2, AND 3

The Office of the U.S. Trade Representative (USTR) released three notices granted September 17, 2019 allowing for more exclusions from the Section 301 additional 25% percent tariff.  The notice affects goods on List 1, 2, and 3 as follows:

List 1:  310 separate exclusions granted. 

These exclusions will be retroactive to July 6, 2018 and will be in place through September 20, 2020 and are to be claimed by using the new HTSUS subheading 9903.88.14

https://www.govinfo.gov/content/pkg/FR-2019-09-20/pdf/2019-20441.pdf

For List 2:  89 separate exclusions granted

These exclusions will be retroactive to August 23, 2018 and will be in place through September 20, 2020 and are to be claimed by using the new HTSUS subheading 9903.88.17

https://www.govinfo.gov/content/pkg/FR-2019-09-20/pdf/2019-20440.pdf

For List 3:  38 separate exclusions granted

These exclusions will be retroactive to September 24, 2018 (set to expire on August 7, 2020) and are to be claimed by using the new HTSUS subheading 9903.88.18

https://www.govinfo.gov/content/pkg/FR-2019-09-20/pdf/2019-20442.pdf

Please review the lists of affected goods from China and contact us with any questions you may have.

PLANNED INCREASE ON TARIFFS FROM LISTS 1, 2, AND 3 HAVE BEEN DELAYED

Monday, September 16, 2019

PLANNED INCREASE ON TARIFFS FROM LISTS 1, 2, AND 3 HAVE BEEN DELAYED

The anticipated increase in tariffs on goods from Lists 1 through 3, originally scheduled to begin October 1 and raising the rates from 25% to 30%, has been pushed back to October 15, 2019.

Trade talks are scheduled to resume in October so we will keep you posted as more information is available

NEW ROUND OF SECTION 301 TARIFFS ON GOODS FROM CHINA EFFECTIVE SEPTEMBER 1

Tuesday, August 27, 2019

NEW ROUND OF SECTION 301 TARIFFS ON GOODS FROM CHINA EFFECTIVE SEPTEMBER 1

On August 13, the USTR published an announcement stating that List 4 would be rolled out in two different lists with two different effective dates (click the link above to see the entire list for 4a.)   The goods on List 4a were originally slated for an additional 10% duty rate however the President has since adjusted the duty rates for List 4a to 15%, effective September 1.  A Federal Register notice is expected shortly.

A second trade alert will follow with more information on List 4b.

The announcement further states that USTR intends to conduct an exclusion process for products subject to the additional tariff.