USTR Grants Third Round Of Product Exclusion For Section 301 Tariffs
Margaret Lange | M.E. Dey & Co.
In the April 18, 2019 Federal Register notice, the U.S. Trade Represented issued a third list of product exclusions from List 1 of the Section 301 tariffs. The USTR list grants exemptions for 21 tariff subheadings from the initial list (List 1) of $34 billion in Chinese products. The exclusions apply retroactively to July 6, 2018; the date that the List 1 tariffs took effect, and will extend for one year from the date posted in the Federal Register. All importers will be able to take advantage of these exclusions; regardless of whether the importer filed an exclusion request.
All exclusions in the third list are based on specific product descriptions provided for in the following statistical reporting numbers.
The USTR notice provides a new HTS subheading (9903.88.07) to be used for qualifying products (i.e., those that would otherwise be covered by List 1 subheading 9903.88.01).
The product exclusions, detailed in a new U.S. Note 20(j) to subchapter III of chapter 99, and the new subheading (9903.88.07) have been added to the tariff schedule by the International Trade Commission (ITC).