On Friday, July 26, 2019, the United States Trade Representative (USTR) office released its first Notice of Product Exclusions to Section 301 List 2 products currently subject to a 25% tariff. This marks the seventh round of exclusions overall.
News / Regulatory Updates
On Thursday, August 1, 2019, the president of the United States announced that a tariff of 10 percent would be placed on $300 billion worth of imports from China as part of the U.S. response to China’s unfair trade practices related to the forced transfer of American technologies and intellectual property.
On Tuesday, July 9, 2019, the United States Trade Representative (USTR) office released a sixth Notice of Product Exclusions to Section 301 List 1 products currently subject to a 25% tariff.
On Saturday, June 29, 2019, the White House announced that the fourth tranche of tariffs on $300 billion worth of imports from China would not be implemented as China and the United States continue to pursue a fair trade deal.
On Thursday, June 20, 2019, the United States Trade Representative (USTR) published the procedure on how to request an exclusion of particular products from the Section 301 List 3 tariffs against China starting on Sunday, June 30, 2019.
On Friday, June 7, 2019, the President of the United States announced that the proposed 5 percent Mexico tariffs would be “indefinitely suspended” as Mexico has “agreed to take strong measures” to curb the flow of Central America migrants into the United States.
On Thursday, May 30, 2019, the United States Trade Representative office released a fifth Notice of Product Exclusions to Section 301 List 1 products currently subject to a 25 percent tariff.
On Friday, May 31, 2019, the President of the United States signed a Proclamation to Modify the List of Beneficiary Developing Countries which removes India from the Generalized System of Preferences (GSP) effective June 5, 2019. This action is a follow-up to the initial announcement on March 4, 2019. By statute, a 60-day notice to the U.S. Congress and India was required before the removal from GSP could become effective.
On Friday, May 31, 2019, the United States Trade Representative announced that they intend to publish a notice in the Federal Register that “extends the amount of time certain goods exported from China have to enter the United States before they will be subject to an additional tariff increase from 10 percent to 25 percent.”
On May 30, 2019, in an effort to further address illegal immigration from Mexico, the White House announced that a 5 percent tariff will be imposed on goods from Mexico effective June 10, 2019. This action is being taken under the International Emergency Economic Powers Act of 1977. Per the announcement, the tariffs will be increased pursuant to the following schedule if Mexico does not take sufficient steps to stop illegal immigration: