Update to 301 Duties Increase Effective May 10th

Today’s Federal Register contains the official notice of the increase in the 301 tariffs for Chinese goods on List 3 from 10% to 25% effective May 10, 2019. While the notice states the increase is effective for goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight time on May 10, 2019, it goes on to say the increase is effective for goods exported to the United States on or after May 10, 2019. This grants a reprieve for shipments already on the water.

Additionally, the notice states that the U.S. Trade Representative will establish an exclusion process similar to what was put into place for Lists 1 and 2. Interested parties will be able to submit exclusion requests to the USTR for relief from the additional List 3 duties. A separate notice will be published by the USTR detailing this process.

Please contact Vandegrift with any questions regarding the effective date of the new tariffs.