U.S. Grants Exclusion for Specific Chinese Products under Section 301 Tariffs
The U.S. Trade Representative announced exclusions for certain products from China classified under U.S. note 20(yy), including specific articles under the relevant HS Code, exempting them from additional tariffs imposed under Section 301.
October 10, 2023
Impact: This exclusion reduces tariff costs for U.S. importers of these specific Chinese goods, potentially increasing import volumes and easing financial burdens on businesses reliant on these products.
Extension of Tariff Exclusions for Chinese Goods under U.S. Note 20(yy)
The USTR extended previously granted exclusions for select Chinese products under U.S. note 20(yy), ensuring continued relief from Section 301 tariffs for specific articles covered by the HS Code.
September 15, 2023
Impact: The extension provides stability for U.S. businesses importing these goods from China, allowing for predictable supply chain planning and cost management.
New Round of Exclusions for Chinese Imports Announced by USTR
A new set of tariff exclusions was granted by the U.S. Trade Representative for certain Chinese products listed under U.S. note 20(yy), covering specific articles as per the designated HS Code.
August 20, 2023
Impact: This measure is expected to lower costs for U.S. companies importing these products, fostering competitive pricing and potentially increasing demand for these Chinese goods.
