Global Trade Alert Message:
In early September, President Trump announced that he was delaying plans to impose an additional 5 percent duty on more than $250 billion worth of Chinese goods. The section 301 China tariffs is now scheduled to increase from 25% to 30% on October 15th. The increase in tariffs is for lists 1-3 only.
The delay in tariff increases was due to the fact that the People’s Republic of China will be celebrating their 70th anniversary on October 1st. Furthermore, the China tariff exclusions remain valid until September 17th, 2020.
The tariff exclusion list can be found here: www.strtrade.com/tariff-exlusions
Lists 1-3 of the Section 301 China tariffs can be found here: www.cbp.gov/301-China/list