The Office of the U.S. Trade Representative (USTR) today released for publication in the Federal Register a notice regarding additional tariffs proposed for imports from China under Section 301 of the Trade Act of 1974.
Last week, the USTR announced that because of China’s retaliatory efforts regarding prior U.S. tariffs being imposed on imports from China, the president ordered the USTR to begin the process of imposing tariffs at a rate of 10% on an additional $200 billion of Chinese imports under the authority of Section 301. Read TradeNewsFlash
Last week’s version of the USTR notice listed the proposed list of tariffs on $200 billion of Chinese imports and the process for the public notice and comment period (to be published in a future edition of the Federal Register). A partial list of imports possibly being subject to the new 10% tariffs concerns:
The version of the USTR notice [PDF 620 KB] released today for publication in the Federal Register is substantially similar to the notice as previously released by the USTR. There are some reorganizational changes, but for the most part, the affected imports are the same or are substantially similar to those listed in last week’s USTR notice.
For more information on this topic or to learn more about KPMG’s Trade & Customs Services, contact:
Partner, Global Practice Leader
Partner, National Practice Leader
John L. McLoughlin
Principal, East Coast Leader
Luis (Lou) Abad
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