UPDATE - tariff on goods from China REDUCED
Following President Trump’s decision to impose tariff increases on goods manufactured in China and subsequent updates, the following modification on the previously announced tariff increase on goods from China as part of Section 301 has been shared by the U.S. Trade Representative:
The office of the U.S. Trade Representative (USTR) announced a reduction of the additional duty rate on certain products manufactured in China from 15% to 7.5%, applicable as of 14th February 2020.
Please find a list of affected products here.
To our Woodland Media customers: Please refer to p 48ff where the relevant commodity codes are highlighted.
If you’d like to discuss the above with one of our Woodland Media experts, please contact us here.
Should you wish to contact one of our US experts on customs and trade tariffs, please contact us here.