Requests for exclusions from the additional tariff imposed as of Sept. 24, 2018, on some $200 billion worth of imports from China may be submitted between June 30 and Sept. 30. Any exclusions granted will be retroactive to Sept. 24, 2018, and will remain in effect for one year from the date of publication of the exclusion determination in the Federal Register.
The additional tariff on the so-called List 3 items was initially set at 10 percent and subsequently raised to 25 percent with respect to subject merchandise exported before May 10 and entered into the U.S. before June 15. This tariff was levied in response to a Section 301 investigation determination that China’s acts, policies, and practices related to technology transfer, intellectual property, and innovation are unreasonable and discriminatory.
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© 2019, Sandler, Travis & Rosenberg, P.A. Originally published in the [June 21, 2019] issue of the Sandler, Travis & Rosenberg Trade Report. Reprinted by permission.
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