Dear Customers and Friends,
This is to inform that President Trump announced that effective 12:01 AM this Friday May 10th, additional import duty rates will be applicable to Chinese-origin products listed on Section 301, Tranche/List 3. Today, the U.S. Trade Representative (“USTR”) issued a Notice confirming the additional tariff rate increase to 25% ad valorem.
Currently those products are subject to an additional duty rate of 10% ad valorem.
Please visit this link for the full publication: https://s3.amazonaws.com/public-inspection.federalregister.gov/2019-09681.pdf
The Federal Register will publish this officially on May 9th and may be found at:
https://federalregister.gov/d/2019-09681
President Trump also announced that tariffs could be imposed on a new "List 4" covering $325 billion of imports from China.
If you will be affected by this duty rate increase, and have any questions, please contact us at compliance.clx@rljones.com
Sincerely,
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