open/close

Tariffs to be Increased May 10, 2019 on List 3 of Section 301 Chinese Goods

Tariffs to be Increased May 10, 2019 on List 3 of Section 301 Chinese Goods

UPDATE: U.S. CBP Further Refines Requirements on Duty Increase for List 3 of Section 301 

This morning May 9th, 2019, the United States Trade Representative (USTR) published notice for the increase of an additional duty from 10% to 25% in the Federal Register. These tariffs will apply to the third tranche of Section 301 China tariffs that were effective September 24th, 2018. 

The increase will take effect for cargo (i) entered for consumption or withdrawn from warehouse for consumption, on or after 12:01 a.m. Eastern Daylight Time on May 10, 2019, and (ii) exported to the United States on or after May 10, 2019.

The third tranche of Section 301 tariffs includes $200 billion worth of Chinese products. The US initially planned this increase at the start of 2019 but pushed it to March 2019. The increase was then further postponed due to negotiations. 

The USTR previously announced that should the tariff rate increase, an exclusion process would be instituted.

For more information on how these tariffs will affect your business, reach out to our Customs Brokerage team.