As previously advised the trade war with China has escalated and the US Trade Representative announced it was considering imposing tariffs on almost all Chinese products not currently subject to tariffs. This occurred even before the most recent Chinese retaliation announced yesterday. This would amount to tariffs on an additional $300 billion worth of Chinese products and only a very few items would be exempted from tariffs (e.g. pharmaceuticals).
The USTR notice includes a request for comments and a public hearing on the proposed new list of products, now known as List 4. The tariffs imposed over the last year have been on $250 billion of goods developed on three separate lists known as Lists 1, 2, and 3.You can find the notice here regarding the new tariffs being considered and the process for submitting comments or testifying.
The due date for filing requests to appear and a summary of expected testimony at the public hearing is June 10, 2019. The due date for submitting written comments is June 17, 2019. The Section 301 Committee will convene on June 17, 2019, and 7 days after the last day of public hearing will be the due date for submitting post-hearing rebuttal comments.
Importers may want to consider offering input as some were successful in getting their products excluded from tariffs in the previous comment periods. There are law firms assisting companies with this process and we would be glad to give interested importers some names.
More to follow.