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U.S. proposes 10% tariffs on additional $200 billion of Chinese imports

U.S. proposes 10% tariffs on additional Chinese imports

The Office of the U.S. Trade Representative (USTR) issued a release regarding additional tariffs proposed for imports from China under Section 301 of the Trade Act of 1974.

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As noted in the USTR release:

  • The United States on 6 July 2018 began imposing tariffs of 25% on approximately $34 billion worth of Chinese imports.  These tariffs will eventually cover up to $50 billion in Chinese imports as legal processes conclude.  
  • China retaliated against the United States by imposing tariffs on $34 billion in U.S. exports to China, and possible tariffs on another $16 billion. 
  • Because of China’s retaliation and failure to change its practices, the president ordered USTR to begin the process of imposing tariffs of 10% on an additional $200 billion of Chinese imports under the authority of Section 301.

Read a USTR notice [PDF 2 MB] that lists in 205 pages, 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 some of the imports that have been identified as possibly being subject to a new 10% tariff concerns:

  • Rubber gloves and rubber clothing in HTSUS Chapter 40
  • Leather products, including apparel, gloves, handbags, flatgoods and travel goods in Chapter 42
  • Fur apparel and products in Chapter 43
  • Rattan bags and products in Chapter 46
  • Paper products in Chapter 46
  • Textile products in Chapters 50 through 60
  • Headwear in Chapter 65
  • Tableware and articles of precious metals in Chapter 71
  • TVs and monitors and machinery in Chapter 85
  • Furniture in Chapter 94
  • Plastic hangers

For more information on this topic or to learn more about KPMG’s Trade & Customs Services, contact:

Doug Zuvich

Partner, Global Practice Leader

T: 312-665-1022

E: dzuvich@kpmg.com 

 

Andy Siciliano

Partner, National Practice Leader

T: 631-425-6057

E: asiciliano@kpmg.com 

 

Irina Vaysfeld

Principal

T: 212-872-2973

E: ivaysfeld@kpmg.com 

 

Robert Waldrop

Principal

T: 212-954-8117 

E: rwaldrop@kpmg.com 

 

Christopher Young

Principal

T: 312-665-3229

E: christopheryoung@kpmg.com 

 

George Zaharatos

Principal

T: 404-222-3292

E: gzaharatos@kpmg.com

John L. McLoughlin

Principal, East Coast Leader

T: 267-256-2614

E: jlmcloughlin@kpmg.com 

 

Luis (Lou) Abad

Principal, WNT

T: 212-954-3094

E: labad@kpmg.com 

 

Amie Ahanchian

Managing Director

T: 202-533-3247

E: aahanchian@kpmg.com 

 

Gisele Belotto

Managing Director

T: 305-913-2779

E: gbelotto@kpmg.com 

 

Andy Doornaert

Managing Director

T: 313-230-3080

E: adoornaert@kpmg.com 

 

Jessica Libby

Managing Director

T: 612-305-5533

E: jlibby@kpmg.com

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