By SEMA Editors
The Office of the U.S. Trade Representative (USTR) has established a process for requesting a product exclusion from tariffs, which increased from 10% to 25% on May 10, 2019, and were imposed on $200 billion worth of Chinese goods. The so-called “List 3” group of Chinese imports includes many auto parts, from engines and metal fasteners to tires, steering wheel components, rubber gaskets, transmission belts, brake pads, windshields and suspension springs.
The process for requesting an exclusion won’t begin until on or around June 30, but the USTR has published details on preparing requests for particular products classified within a covered tariff subheading.
The USTR estimates that it will receive 60,000 requests. If a request is granted, it will apply to all imported products within the tariff subheading, not just the company making the request.
For more information, contact Stuart Gosswein at email@example.com.