Temporary Tariff Exclusions for Chinese Goods Extended
The U.S. Trade Representative announced temporary exclusions for specific products of China under U.S. note 20(ccc), effective from June 4, 2020, through December 31, 2020, impacting certain HS codes.
June 4, 2020
Impact: This exclusion reduces tariff burdens on specified Chinese imports to the U.S., potentially affecting trade flows and pricing for these goods. However, no direct trade impact is noted for South Georgia and the South Sandwich Islands as they are not significant trade partners with the U.S. under this policy.
U.S. Trade Policy Update on Chinese Imports
Further clarification was provided by the U.S. Trade Representative regarding the scope of exclusions for Chinese products under HS codes covered by U.S. note 20(ccc), emphasizing the temporary nature of the relief.
July 15, 2020
Impact: This update ensures clarity for U.S. importers on qualifying goods, but no specific relevance or trade impact is observed for South Georgia and the South Sandwich Islands.
Review of Tariff Exclusions for Chinese Products
The U.S. Trade Representative initiated a review of the effectiveness of exclusions granted under U.S. note 20(ccc) for Chinese goods, ahead of the December 31, 2020, expiration date.
November 20, 2020
Impact: The review could influence future tariff policies on Chinese imports to the U.S., though it remains irrelevant to trade with South Georgia and the South Sandwich Islands due to minimal trade activity.
