Polymerupdate Press Release - USTR Announces Next Steps on Proposed 10 Percent Tariff on Imports from China
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USTR Announces Next Steps on Proposed 10 Percent Tariff on Imports from China

Petrochemical industry | 14 Aug 2019 | Polymerupdate.com
The United States Trade Representative (USTR) announced the next steps in the process of imposing an additional tariff of 10 percent on approximately $300 billion of Chinese imports.

On May 17, 2019, USTR published a list of products imported from China that would be potentially subject to an additional 10 percent tariff. This new tariff will go into effect on September 1 as announced by President Trump on August 1.

Certain products are being removed from the tariff list based on health, safety, national security and other factors and will not face additional tariffs of 10 percent.

Further, as part of USTR’s public comment and hearing process, it was determined that the tariff should be delayed to December 15 for certain articles. Products in this group include, for example, cell phones, laptop computers, video game consoles, certain toys, computer monitors, and certain items of footwear and clothing.

USTR intends to conduct an exclusion process for products subject to the additional tariff.

The USTR will publish in the Federal Register as soon as possible additional details and lists of the tariff lines affected by this announcement.
Note: This story has not been edited by The Polymerupdate Editorial team and is auto-generated from a syndicated feed.
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