On August 15, 2019, the U.S. Trade Representative (“USTR”) announced that Sec. 301 tariffs of an additional 10% ad valorem on Chinese-origin goods will be applied based on the date of entry. Thus, no grace period has been provided for goods on the water.
Accordingly, the additional 10% tariff will apply to List 4A products entered for consumption, or withdrawn from warehouse for consumption, on or after September 1, 2019. List 4A products are enumerated here: https://ustr.gov/sites/default/files/enforcement/301Investigations/List_4A_%28Effective_September_1%2C_2019%29.pdf
The additional 10% tariff will apply to List 4B products entered for consumption, or withdrawn from warehouse for consumption, after December 15, 2019. List 4B products are specified here: https://ustr.gov/sites/default/files/enforcement/301Investigations/List_4B_%28Effective_December_15%2C_2019%29.pdf
The USTR will provide an exclusion process for products on Lists 4A and 4B. Details will be announced by the USTR in a future notice.
Should you wish to discuss the exclusion process, and other strategies concerning the tariff, please contact our office to speak with one of our attorneys.