U.S. Grants Exclusion for Specific Chinese Products Under Section 301 Tariffs
The U.S. Trade Representative announced exclusions for certain products of China classified under U.S. note 20(n) to subchapter III, Chapter 99 of the Harmonized Tariff Schedule (HTSUS). These exclusions temporarily waive additional tariffs imposed under Section 301 for specific goods.
October 15, 2023
Impact: This exclusion may benefit U.S. importers dealing with Kiribati-related supply chains by reducing costs on specific Chinese-origin goods, though direct trade volume between the U.S. and Kiribati remains minimal.
Extension of Tariff Exclusions for Chinese Goods Under Review
The USTR extended certain tariff exclusions for products of China covered under U.S. note 20(n), pending a comprehensive review of Section 301 tariffs. This includes goods relevant to niche markets involving Pacific trade partners.
September 20, 2023
Impact: The extension provides temporary relief for U.S. businesses importing affected Chinese products, potentially influencing indirect trade routes involving Kiribati, though specific impacts remain limited due to low trade activity.
USTR Publishes List of Excluded Chinese Products Under HTSUS
A new list of products excluded from Section 301 tariffs was released by the USTR, covering specific articles of China under U.S. note 20(n). The exclusions aim to mitigate economic harm to U.S. stakeholders.
August 5, 2023
Impact: While direct trade between the U.S. and Kiribati is negligible, these exclusions could indirectly affect regional Pacific trade networks by lowering costs for U.S. importers sourcing through broader supply chains.