U.S. Extends Tariff Exclusions for Certain Chinese Products
The U.S. Trade Representative announced an extension of tariff exclusions for specific Chinese products under U.S. note 20(m), including certain articles classified under relevant HS codes. This extension applies to trade involving niche markets like the Cook Islands.
October 10, 2023
Impact: This extension provides temporary relief for U.S. importers and Cook Islands intermediaries dealing with these Chinese products, potentially stabilizing prices and supply chains.
New Review of Section 301 Tariffs on Chinese Goods
The USTR initiated a statutory review of Section 301 tariffs on Chinese goods, including articles under U.S. note 20(m) with granted exclusions. Trade routes involving small Pacific nations like the Cook Islands are under consideration for specific impacts.
September 5, 2023
Impact: The review could lead to adjustments in exclusions, affecting trade costs and availability of these products between the U.S. and Cook Islands.
U.S.-Cook Islands Trade Discussions Highlight Tariff Exclusions
During recent bilateral trade talks, the U.S. and Cook Islands discussed the implications of tariff exclusions on Chinese products under U.S. note 20(m), focusing on maintaining smooth trade flows for excluded articles.
August 20, 2023
Impact: These discussions may enhance cooperation, ensuring that tariff exclusions benefit small-scale trade partners like the Cook Islands without disrupting U.S. policy objectives.
