Last Friday, the Office of the United States Trade Representative (“USTR”) issued lists of products from six countries that may be subject to additional 25 percent tariffs. The proposed product lists identified by USTR are designed to offset digital services taxes (“DST”)[1] imposed by Austria, India, Italy, Spain, Turkey and the United Kingdom, and that USTR…
Tag: tariff
【US-China Trade War】31 January Deadline to Request Exclusions from 15 Percent Tariff on Mainland China List 4A Goods
Requests for exclusions from the additional tariff imposed as of 1 September 2019 on List 4A imports from mainland China may be submitted between 31 October 2019 and 31 January 2020. Any exclusions granted will be effective for one year, starting from the 1 September 2019 effective date for List 4A. The additional tariff on…
[US-China Trade War] Mainland China Tariff Exclusion Request Denials Increase Amid Limited Approvals
Over the last month the Office of the U.S. Trade Representative has denied hundreds more requests for exclusions from the Section 301 additional tariffs on imports from mainland China. USTR is continuing to review outstanding exclusion requests for List 1 and List 2 goods, imports of which are collectively worth about US$50 billion, and has…
【US-China Trade War】More Tariffs a Possibility Amid Uncertain Prospects for Trade Deal with Mainland China
The Trump administration’s willingness to strike a trade deal with mainland China is being seen by some observers as increasingly tied to how doing so may affect the president’s chances of winning the 2020 presidential election. An agreement that secures suitably strong terms for the United States could aid Trump’s re-election bid, but if that…
【US-China Trade War】Additional Tariffs on Mainland China List 4 Goods on Hold; List 3 Exclusion Requests Being Accepted
President Trump announced on 29 June following a meeting with mainland Chinese President Xi Jinping that the United States will suspend plans to impose additional tariffs of up to 25 percent on so-called List 4 goods from mainland China, which have a current import value of approximately US$300 billion. Trump also vowed to relax the…