Composite Fabric,bonded fabric,Lamination Fabric Lamination Fabric News The United States releases the fourth batch of exclusion lists for taxed products worth US$100 million

The United States releases the fourth batch of exclusion lists for taxed products worth US$100 million



On May 8, 2020 local time in the United States, the Office of the United States Trade Representative (USTR) announced the product exclusion announcement for the fourth batch of US$300 billion in tariffs. 8 excl…

On May 8, 2020 local time in the United States, the Office of the United States Trade Representative (USTR) announced the product exclusion announcement for the fourth batch of US$300 billion in tariffs. 8 excluded products, and the description of 1 historically excluded product was revised, including 1 category of textile and apparel products (completely excluded). Excluded products will no longer be subject to a 7.5% tariff when exported to the United States. The excluded products listed in this announcement are valid from September 1, 2019 to September 1, 2020.

On August 20, 2019, the Office of the United States Trade Representative (USTR) decided to impose a 10% tax on Chinese goods with an annual trade volume of approximately US$300 billion. Additional tariffs on products listed in Action List A take effect on September 1, 2019. On August 30, 2019, USTR decided to increase the surtax rate from 10% to 15%. On January 22, 2020, USTR decided to reduce the tax rate from 15% to 7.5%. List B has not yet been launched.

The descriptions and HS codes of textile and apparel products excluded this time are as follows:

6506.10.6030: Complete Exclusions, whether or not lined or rimmed; hard hats not made of reinforced or laminated plastic; motorcycle helmets;

Exclusions from the $300 billion tax product Summary table of textile and apparel product exclusions from the list

Original address of USTR announcement for this 300 billion exclusion list: https://ustr.gov/sites/default/files/enforcement/301Investigations/%24300_Billion_Exclusions_Granted_May.pdf

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Author: clsrich

 
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