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Section 301 List 4 Imports from China Called Off… For Now

Section 301 List 4 Imports from China Called Off

List 4 is on Hold While United States and China Continue Trade Talks

President Trump of the United States and President Xi of China recently had another round of trade discussions on the sidelines of the most recent G-20 Summit in Japan.  President Trump tweeted the meeting was far better than expected.  He has agreed to call off Section 301 List 4 while the two nations continue to negotiate.  He has also agreed to not increase the already existing Section 301 tariffs in place on imports from China while trade talks continue.  However, a reduction in the current tariffs will not occur.  On the other hand, President Xi has agreed to begin purchasing large amounts of agricultural product from U.S. farmers during the continued negotiations.  Together, the global leaders have agreed to allow Chinese company Huawei to buy product from U.S. technology companies again.

The meeting seems to have been extremely productive, sending both leaders home on a positive note.  According to CNBC, “Chinese state-run press agency Xinhua described the meeting result as the presidents agreeing ‘to restart trade consultations between their countries on the basis of equality and mutual respect,'” while President Trump stated, ‘We are right back on track.'”

Section 301 List 4

Background

On August 18, 2017, USTR initiated an investigation into certain acts, policies and practices of the Government of China related to technology transfer, intellectual property and innovation (82 FR 40213). During the investigation, the Trade Representative determined that the acts, policies and practices of China under investigation are unreasonable or discriminatory and burden or restrict U.S. commerce, and are thus actionable under Section 301(b) of the Trade Act of 1974, as amended (Trade Act).

In response, President Trump initiated a number of actions which imposed ad valorem tariffs on certain imports originating in China.  Four separate lists have been announced.  To view the most up to date information, check out our debriefing on Section 301 Imports from China.  This post indicates effective dates, duty rates, and more.

What to do

Scarbrough Consulting, Inc. is offering a free 30-minute consultation to any company that may be affected by the Section 301 announcements.  Please send an email to consulting@scarbrough-intl.com or fill out the form below.  Our Global Trade Experts and Licensed Customs brokers are here to help.

Other ways to Learn More about Duty Savings

If the Section 301 tariffs are affecting your company, watch this webinar recording to learn more.  Scarbrough’s President and COO, Adam Hill, along with Patrick Caulfield, an attorney at GDLSK, an international trade and customs law firm, talk about legal opportunities to recover or avoid paying duty to CBP.  This is an interactive webinar set up as a question/answer forum.

To review Section 301, visit this helpful Resource Page


 

Resources

To review Section 301, visit this helpful Resource Page

To read more about Section 301, visit USTR.gov

Download each Section 301 List below:

View List 4a Effective Sept 1

View List 4b Effective Dec 15

Download each Section 301 List below:


Section 301 List 1
Section 301 List 2 Section 301 List 3

 

Scarbrough is offering a FREE 20-minute consultation to any importer affected by the Section 301 Tariffs. Email consulting@scarbrough-intl.com or fill out the form below.

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