The Office of the U.S. Trade Representative (USTR) today released a list of products that will be subject to additional 25% tariffs on imports from China, as part of the section 301 investigation of “China’s unfair trade practices related to the forced transfer of American technology and intellectual property.”
The additional duty of 25% will apply on certain Chinese imports having a value of approximately $50 billion.
As noted in today’s USTR release, the list of products issued today covers 1,102 separate U.S. tariff lines valued at approximately $50 billion in 2018 trade values. This list generally focuses on products from industrial sectors that contribute to or benefit from the “Made in China 2025” industrial policy—such as aerospace, information and communications technology, robotics, industrial machinery, new materials, and automobiles. The list does not include goods commonly purchased by U.S. consumers such as cellular telephones or televisions.
This list of products consists of two sets of U.S tariff lines.
As noted in the USTR release, some U.S. companies may have an interest in importing items from China that are covered by the additional duties. Accordingly, an opportunity for the public to request the exclusion of particular products from the additional duties subject to this action will be provided. A notice in the Federal Register will provide details regarding this process within the next few weeks.
For more information, contact a professional with KPMG’s Trade & Customs practice:
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Andrew Siciliano | +1 (631) 425-6057 | firstname.lastname@example.org
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