U.S. Extends Tariff Exclusions for Specific Chinese Products Under Note 20(k)
The United States Trade Representative (USTR) announced an extension of tariff exclusions for certain Chinese products listed under U.S. note 20(k) to subchapter III of chapter 99 of the Harmonized Tariff Schedule (HTS). This decision includes products previously granted exclusions and impacts trade dynamics with countries like Albania through indirect supply chains.
October 15, 2023
Impact: This extension provides temporary relief for U.S. importers dealing with Albanian intermediaries, potentially stabilizing prices for affected goods, though it does not directly alter U.S.-Albania trade agreements.
USTR Reviews Exclusions for Chinese Goods Amid Albania Trade Talks
The USTR initiated a review of existing tariff exclusions for Chinese products under U.S. note 20(k), seeking public comment on their continuation. This coincides with discussions on enhancing trade cooperation with Albania, focusing on supply chain transparency for excluded goods.
September 22, 2023
Impact: The review could influence the availability of certain Chinese products in the U.S. market, indirectly affecting Albanian exporters or intermediaries relying on these goods for trade with the U.S.
New Exclusions Granted for Chinese Products Under HTS Note 20(k)
The USTR granted new exclusions for specific Chinese products under U.S. note 20(k), exempting them from Section 301 tariffs. While primarily affecting U.S.-China trade, the decision has implications for smaller trading partners like Albania involved in re-export or processing of these goods.
August 5, 2023
Impact: Albanian businesses may see opportunities to engage in trade involving excluded Chinese products, though direct impacts on U.S.-Albania bilateral trade remain limited.
