Additional 25% Tariff on Chinese Goods. Effective: July 6th, 2018
The Trump administration announced a 25% tariff will be imposed on Chinese goods, starting July 6th, 2018. According to the U.S Trade Representative, this news comes after a long investigation determined that "China's acts, policies, and practices related to technology transfer, intellectual property, and innovation are unreasonable and discriminatory." The new tariffs on over 1,100 products are separated into 2 lists.
List 1: A large number of products listed pertain to Chapters 84, 85, 87, 88, and 90 in the HTSUS. Products include: drilling, construction, engines, motors, machinery for plastic or glass, motorcycles, agricultural machinery, rail locomotives etc. To access the complete first list, please click here: List 1
List 2: Many products are listed in Chapters 84, 85, 97, 90 and some products in Chapters 27, 34, 38, 39, 70, 73, 76, and 89 in the HTSUS. Products include concrete, wood, hard rubber, tractors, working stone, ceramics, glass, tractors, optical fibers.
To access the complete 2nd list, please click here: List 2
If you have any questions regarding if your cargo will be affected by this news, please contact your sales representative or email us at firstname.lastname@example.org