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U.S. guidelines, imports from China (third tranche of Section 301)

U.S. guidelines, imports from China

The Office of the U.S. Trade Representative (USTR) announced that a notice that will be published in the Federal Register will extend the amount of time certain goods exported from China have to enter the United States before they will be subject to an additional tariff increase from 10% to 25%.

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As noted in the USTR release, covered products that were exported from China to the United States prior to May 10, 2019, will remain subject to an additional 10% tariff if they enter into the United States before June 15, 2019.

Originally, the deadline to enter the United States before the goods would be subject to an additional 25% tariff was June 1, 2019. The USTR stated that this limited extension will further account for customs enforcement factors and the transit time between China and the United States by sea.

U.S. Customs and Border Protection (CBP), in a related release (CSMS #19-000274), reported that it has not yet updated the Automated Commercial Environment to reflect this change. CBP directed importers entering subject goods on or after June 1, 2019, that were exported before May 10, 2019, and would be affected by this change, to consider waiting to file the entry summary pursuant to the 10-day entry summary filing period. CPB stated that this treatment will allow importers to file the appropriate duty rate with the entry summary when CBP updates ACE. Importers that file entry summaries, and retroactively become subject to a lower duty rate, may refile the entry summary (if the entry summary is still in trade control) or file a post summary correction with the appropriate duty rate (if the entry summary is in CBP control). 

 

For more information on this topic or to learn more about KPMG’s Trade & Customs Services, contact:

Doug Zuvich
Partner and Global Practice Leader
T: 312-665-1022
E: dzuvich@kpmg.com

John L. McLoughlin
Principal and East Coast Leader
T: 267-256-2614
E: jlmcloughlin@kpmg.com

Andy Siciliano
Partner and National Practice Leader
T: 631-425-6057
E: asiciliano@kpmg.com

Luis (Lou) Abad
Principal, Washington National Tax
T: 212-954-3094
E: labad@kpmg.com

Irina Vaysfeld
Principal
T: 212-872-2973
E: ivaysfeld@kpmg.com

Amie Ahanchian
Managing Director
T: 202-533-3247
E: aahanchian@kpmg.com

Robert Waldrop
Principal
T: 212-954-8117
E: rwaldrop@kpmg.com

Gisele Belotto
Managing Director
T: 305-913-2779
E: gbelotto@kpmg.com

Christopher Young
Principal
T: 312-665-3229
E: christopheryoung@kpmg.com

Andy Doornaert
Managing Director
T: 313-230-3080
E: adoornaert@kpmg.com

George Zaharatos
Principal
T: 404-222-3292
E: gzaharatos@kpmg.com

Jessica Libby
Managing Director
T: 612-305-5533
E: jlibby@kpmg.com

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