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China Section 301 Duty Assessment Changes & Start Dates Announced
The Office of the U.S. Trade Representative (USTR) has announced the effective dates for implementation of China Section 301 duty assessment that was announced on May 14th, 2024, stating they will be modifying Section 301 duties against certain Chinese products.
The notice provides information that some modifications will now take effect on September 27th, 2024. You can read more about this from the Federal Register Notice (89 Fed Reg 76581) by clicking the link below:
New, or increased, China 301 tariffs will apply to 382 subheadings and 7 statistical reporting numbers in the following product categories. The complete list of HTS# with duty amount is listed in Annex A of the Federal Register notice.
- Battery parts (non-lithium-ion batteries) – Increase rate to 25% in 2024
- Electric vehicles – Increase rate to 100% in 2024
- Facemasks – Increase rate to no less than 25% in 2024
- Lithium-ion electrical vehicle batteries – Increase rate to 25% in 2024
- Lithium-ion non-electrical vehicle batteries – Increase rate to 25% in 2026
- Medical gloves – Increase rate to no less than 25% in 2026
- Natural graphite – Increase rate to 25% in 2026
- Other critical minerals – Increase rate to 25% in 2024
- Permanent magnets – Increase rate to 25% in 2026
- Semiconductors – Increase rate to 50% in 2025
- Ship-to-shore cranes – Increase rate to 25% in 2024
- Solar cells (whether or not assembled into modules) – Increase rate to 50% in 2024
- Steel and aluminum products – Increase rate to 25% in 2024
- Syringes and needles – Increase rate to no less than 50% in 2024
If you have any questions or concerns, please feel free to contact our compliance team at Western Overseas, compliance@westernoverseas.com.
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