Noatum Logistics Completes Acquisition of the Multinational MIQ Logistics. Read more.

China Tariffs: Second List Finalized, Becomes Effective August 23

On August 7, 2018, the Office of the United States Trade Representative (USTR) released the second list (List 2 – Final) of approximately $16 billion worth of imports from China that will be subject to a 25 percent additional tariff as part of the U.S. response to China’s unfair trade practices related to the forced transfer of American technology and intellectual property. This second list of additional tariffs under Section 301 follows the first list of tariffs on approximately $34 billion of imports from China, which went into effect on July 6, 2018.

The second list includes 279 of the original 284 U.S. tariff lines announced on June 15, 2018. Changes to the proposed list were made after the USTR received written comments and testimony during a two-day public hearing last month.

Customs and Border Protection will begin to collect the additional duties on August 23, 2018.

This list was compiled based on extensive interagency analysis and a thorough examination of comments and testimony from interested parties. It generally focuses on products from industrial sectors that contribute to, or benefit from the “Made in China 2025” industrial policy, and includes products such as lubricants, plastics, agricultural equipment, machines, motors, motorcycles and measuring equipment.

USTR will issue a formal notice of this $16 billion tariff action in the Federal Register within the next few weeks. This notice will include the dates and requirements for interested parties to request exclusion of particular products covered by a tariff line subject to the additional duties.

For additional details refer to the USTR website or contact your local MIQ Logistics representative.