On September 17, 2018, the White House directed the United States Trade Representative (USTR) to implement 10 percent tariffs on nearly all the tariff lines in the original Section 301 List 3 valued at approximately $200 billion. Significantly, the notice does NOT indicate that there will be an exclusion process similar to Section 301 List
President Signs Miscellaneous Tariff Bill (MTB) Act of 2018 – Cuts or Eliminates Tariffs on 1,660 Items
On September 13, 2018, President Trump signed the Miscellaneous Tariff Bill (MTB) Act of 2018 (MTB), which temporarily reduces or eliminates import duties on specified raw materials and intermediate products used in manufacturing that are not produced or available domestically. It is intended to ensure that U.S. manufacturers are not at a disadvantage to their
House Easily Passes Miscellaneous Tariff Bill Act of 2018 (MTB) on Voice Vote – White House Indicates President will Sign
On September 4, 2018, the House agreed to Senate amendments made to the Miscellaneous Tariff Bill (MTB) Act of 2018 last month, moving the legislation to the president for signature. The White House reportedly indicated President Trump will sign the bill. The last MTB passed by Congress expired on December 31, 2012.
Once signed into
China Issues Retaliatory Tariffs on $16 Billion in U.S. Goods – Releases List of Affected HTS Subheadings including additional 219 tariff items
On August 8, China released its list of retaliatory tariffs on $16 billion in U.S. goods. This was in direct response to the USTR’s announcement on August 7 of the final List 2 of Section 301 tariffs on $16 billion in Chinese imports. The Chinese Ministry of Finance’s list released today includes an additional 219
USTR Finalizes List 2 of Section 301 Tariffs on Chinese Products – August 7, 2018
On August 7, 2018, the United States Trade Representative (USTR) released a final list of approximately $16 billion worth of imports from China that will be subject to a 25 percent additional tariff. The list contains 279 of the original 284 tariff lines that were on a proposed list announced on June 15.
Update: the
Miscellaneous Tariff Bill Act of 2018 (MTB) Unanimously Passes Senate
On July 26, 2018, the Senate unanimously passed the Miscellaneous Tariff Bill Act of 2018 (MTB), a bill that would cut or eliminate tariffs on articles such as chemicals, footwear, toasters, and roughly 1,660 other items made outside the United States. Roughly half of those items are produced in China. The bill was passed without
Highlights from USTR’s Second Section 301 Hearings – Rebuttal Comments Due July 31
On July 24-25, 2018, the Office of the United State Trade Representative (USTR) held public hearings regarding proposed tariffs on approximately $16 billion of Chinese products.
Rebuttal comments are due on Tuesday, July 31, 2018.
The list identifying these products (also known as “List 2”) was released last month and represents 284 new tariff lines
Highlights from July 5th CBP Teleconference on Section 301 Requirements and Questions
On July 5, 2018, U.S. Customs and Border Protection (CBP) hosted a teleconference to review Section 301 filings requirements, allow members of the trade community to seek clarifications and raise questions, and outline resources CBP has in place.
The first set of Section 301 tariff increases is effective on July 6, 2018.
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