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June, 2018

U.S. imposes 25% tariffs on approximately $50B of Chinese goods

Monday, June 18th, 2018

china us trade

On Friday June 15th, 2018, the United States Trade Representative (USTR) announced that the U.S. will follow through with 25 percent tariffs on approximately $50 billion worth of goods from China in 2018 import value (read announcement here).

The list of goods covered by the order includes mainly industrially significant technology products spread across 1,102 U.S. tariff lines.  The list of specific tariff numbers can be found here and, as announced, CBP will begin collecting these additional duties beginning July 6th.

Additionally, there is a second set of HTS numbers which have been identified by the interagency Section 301 Committee as benefiting from Chinese industrial policies.  These include the “Made in China 2025” industrial policy, and the set covers about $16 billion worth of imports from China. The second set of products will undergo a public notice and comment process, including a public hearing, after which USTR will issue a final determination on the products from the list that would be subject to the duties, the agency said.  Crowell Morning Trade Law wrote a good overview on this, here.

The USTR will “soon provide an opportunity” for the public to request exclusion of “particular products” from the duties to be imposed under Section 301 of the Trade Act of 1974, and will issue a notice in the Federal Register with details on this process within the next few weeks, USTR said.

Changes to China’s manifest system – what you need to know!

Monday, June 4th, 2018

chinaChina’s 24 hours Advanced Manifest Regulation Update

Have you been asked by your Chinese partners for additional company information for new shipment into and out of China?  It is our initial understanding that for US entities the information requested is the consignee or notify party’s company Employee Identification Number (EIN).   The carrier OOCL provides a good overview to their customers on  their website, here.

Our friends at NCBFAA are also working diligently on providing guidance on the new requirements for shipments to and from China. The regulations are confusing and in some cases contradictory. We will follow up with addition information as it becomes available.

The GACC published the original requirements in 2008 in Decree No. 172. These specific requirements were not implemented in 2008. Customs announced in Notice No. 56 that implement would begin June 1, 2018. (See links to the notices below).

Below are some additional links to the GACC notices: