In a letter dated January 11, 2019 to Senator Tim Kaine, US Trade Representative Robert Lighthizer advised that no exclusion process has been set up, nor will be set up, for the “List 3” items outlined in the Section 301 investigation. If, and only if, the current agreement by President Trump and President Xi expires on March 1, 2019 will an exclusion process be explored. Of course, this would also result in the “List 3” items increasing from 10% additional duty to 25% additional duty rate.
Alba Wheels Up continues to follow this process and will put out more information as appropriate.
Click USTR LETTER TO KAINE to view letter.
- Posted by ALBA Wheels
- On January 18, 2019
- 0 Comments