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(hhh) to subchapter III of chapter 99 of the Harmonized Tariff Schedule (HTS). These exclusions temporarily lift the additional tariffs imposed under Section 301 on specific goods, easing trade tensions.
October 15, 2023
Impact: This exclusion reduces costs for U.S. importers of these specific Chinese products, potentially increasing import volumes and benefiting industries reliant on these goods.
Extension of Tariff Exclusions for Chinese Goods Under U.S. Note 20(hhh)
The USTR extended previously granted exclusions for certain Chinese products covered by U.S. note 20(hhh). The extension aims to provide continued relief to U.S. businesses impacted by the ongoing trade dispute with China.
September 20, 2023
Impact: The extension offers predictability for U.S. businesses, encouraging sustained trade flows for excluded products while avoiding additional tariff burdens.
New Round of Exclusions Announced for Chinese Imports Under Section 301
A new set of tariff exclusions was granted by the USTR for specific Chinese products under U.S. note 20(hhh). This decision follows industry requests for relief from tariffs that have increased costs for American companies.
August 5, 2023
Impact: These exclusions are expected to lower input costs for U.S. manufacturers and retailers, potentially boosting competitiveness in affected sectors.