Product exclusions and plans for a new trade deal help tamp down the effects of Section 301 tariffs placed on China.
The leaders of the US and China are set to sign Phase One Trade Deal on January 15, 2020. Under the deal, goods on List 4a of Section 301 will decrease from 15 to 7.5 percent—and promise of the deal annulled the December 15th planned tariffs on List 4b. An effective date for the List 4a decrease has not been announced.
Additionally, the US Trade Representative (USTR) continues to publish Section 301 exclusions, as recently as December 31, 2019. The effective dates for the exclusions are retroactive to the date of each action.
Exclusion request procedures, requests granted, amendments, and Customs guidance can be found under each Section 301 list on USTR’s website.
For specific commodity or exclusion guidance, please contact Deringer’s Compliance Department.