USTR Finalizes Adjusted Section 301 Tariffs
On Friday, September 13th, the United States Trade Representative (USTR) announced final modifications to Section 301 tariffs for goods with country of origin China. You can view the full press report here:
USTR Finalizes Action on China Tariffs Following Statutory Four-Year Review
The modifications, which were originally proposed in May, were mostly adopted as presented. USTR received and reviewed more than 1,100 public comments before issuing this final decision.
These updates include:
- New timing and rates for tariffs on face masks, medical gloves, needles, and syringes
- An exclusion for enteral syringes
- A proposal regarding coverage of additional tungsten, wafers, and polysilicon tariff lines
- An exclusion for ship-to-shore cranes ordered prior to May 14, 2024
- An expansion of the scope of the machinery exclusions process to include five additional tariff lines
- Modification of the coverage of proposed exclusions for solar manufacturing equipment
Tariffs scheduled to increase in 2024 will take effect on September 27, 2024. Increases scheduled for 2025 and 2026 will take effect on January 1st of the corresponding year. Please refer to the USTR’s Federal Register Notice for more details:
- Annex A - Tariff Increases begins on page 37
- Annex B - Exclusions for Solar Manufacturing Equipment begins on page 63
- Annex C - Changes to Harmonized Tariff Schedule of the United States begins on page 64
- Annex D - IMPORTER CERTIFICATION [for ship-to-shore cranes] begins on page 91
- Annex E - Subheadings Eligible for Machinery Exclusion Process begins on page 92
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