Showing posts with label Tariffs. Show all posts
Showing posts with label Tariffs. Show all posts

Thursday, October 31, 2019

UPDATE! DEADLINE APPROACHING – WHY SHOULD YOUR PRODUCT NOT BE ON THE 301 LIST!


Trade WarWe have been working hard to keep you up to date on the current Trade War between the United States and China. For background on the Trade War see our previous blog post. This blog post sets out USTR’s actions in coordination with the Trump Administrations instructions. China took retaliatory actions against the United States in response to the first 301 list  of additional U.S. duties that became effective on July 6, 2018, which imposed an additional 25% duty on goods worth $34 Billion.

U.S. issues additional Chinese Tariffs – Is Your Product on the List?/ EE.UU. Emite Aranceles Adicionales a Bienes Chinos: ¿Su Producto Está En La Lista?

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On June 15, President Trump kept true to his May 29th promise of imposing additional tariffs against Chinese goods. The Office of the United States Trade Representative (USTR) has officially released the “Section 301 Product List”. The additional duties are effective on or after July 6, 2018. History

Thursday, October 24, 2019

BREAKING NEWS: EXCLUSION PORTAL TO OPEN FOR LIST 4A

portal                      

USTR announced it will open the exclusion request process for HTS’s on List 4A. List 4A includes products covered by Annex A of the August 20, 2019 notice (84 FR 43304)  that are subject to 15% duty as of September 1, 2019.




 
List 4 has a total of 300 Billion worth of products and includes both lists 4A & 4B. 15% duties for List 4B (products covered by Annex C of the August 20 notice) are effective December 15, 2019, and no exclusion process has yet been discussed for 4B.
Exclusion portal opens October 31, 2019, and closes on January 31, 2020.
Contact us today to get your request in timely!
DTL helps clients strategize how to identify the strongest argument to persuade the government in granting your exclusion request. DTL was active in assisting clients submit exclusion requests for List 3.

Tuesday, June 4, 2019

Trump to Impose Tariffs on All Imported Goods From Mexico

MX1As a result of the immigration crisis intensifying at the border of the United States and Mexico, President Trump announced a five (5) percent tariff to be levied on all goods from Mexico starting June 10th. 
The tariffs are set to continue to increase by five percent each month up to twenty-five percent. The tariffs will permanently remain at the 25 percent level unless and until Mexico substantially stops the illegal inflow of aliens coming through its territory.
The effective date of the imposition of the additional tariffs are as follows:

Tuesday, May 28, 2019

NEWS ALERT - USTR’s newly Announced List 3 Exclusion process and List 4 Comment and Hearing Process

thumbnail_image001USTR published a Federal Notice on May 21, laying out the exclusion process for list 3. USTR anticipates that the exclusion period will open up on or around June 30th. USTR estimates that over 60,000 US Stakeholders will request an exclusion for a particular product. On May 13, USTR proposed a 4th list, which slaps a 25% tariff on roughly 300 billion worth of goods. From food products to furniture, the proposed list would include “essentially all products not currently covered” under previously imposed lists including literally thousands of irrelevant goods. If your product appears on any Section 301 tariff list there are three avenues to potentially get it removed. You may submit a comment, attend public hearings, or obtain an exclusion. Below is a big picture of the past and future opportunities get products off tariff lists:

Monday, May 6, 2019

UPDATE: USTR Increases Section 301 Tariffs to 25% Duty for Products on List 3

China Tariffs Since September 17, 2018, the trade industry has been bracing themselves for the increase of China tariffs from 10% to 25%. The trade community has enjoyed a few months of postponements – January 1st, 2019 to March 1st, 2019. The postponements led many to believe the increase was unlikely, until May 6, when the President emphatically stated that “the 10% will go up to 25% on Friday [May 10, 2019].” via twitter. Only three days later and USTR has officially announced the anticipated 25% increase is effective on 12:01 am, May 10, 2019.