U.S. Customs and Border Protection today issued a release concerning the additional import duties for certain Chinese goods under the “Section 301” action. The additional duties will be effective with respect to goods entered, or withdrawn from warehouse for consumption on or after 6 July 2018.
Read CSMS 18-000409 (28 June 2018)
The U.S. Trade Representative (USTR) previously issued a final list of products (PDF 2.3 MB) covered by the Section 301 action, with the imports represented by their
According to today’s CBP release, any article classified in a subheading covered by this list that is a product of China would be subject to a 25% ad valorem duty rate, in addition to the general (Column 1) rate of duty for that particular subheading.
In addition to reporting the Chapters 1-97 HTSUS classification of the imported merchandise, importers also must report the 9903.88.01 special tariff number for goods subject to the additional duty assessment of 25% ad valorem as a result of the Section 301 trade remedy, as follows:
9903.88.01: 25% ad valorem additional duty for articles the product of China
The Section 301 duties currently only apply to products of
CBP today further explained that:
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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