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08/14/2019

Update: Section 301 List 4A & List 4B 10% Duty Effective

Dear Valued Customer, 

 

This morning, the Office of the United States Trade Representative (USTR) announced their intention to split Section 301 List 4 into two parts: List 4A, which will be effective September 1, and List 4B, which will be effective December 15. 

 

Together, both parts of List 4 encompass the remaining $300 billion worth of Chinese imports that, until recently, remained unaffected by Section 301 tariffs. Commodities on List 4A and List 4B include but are not limited to livestock, foodstuffs, chemicals, plastics, garments, footwear, housewares, ceramics, glass, steel, iron, aluminum, tools, machinery, electronics, computers, toys, and exercise equipment; for the full scope of this action, please review the USTR publications below.

 

For more information, please follow the links below:

 

USTR Announces Next Steps on Proposed 10 Percent Tariff on Imports from China

 

List 4A (Effective September 1, 2019)

 

List 4B (Effective December 15, 2019)

 
 

Client Advisory
 

August 13, 2019

 

Update: Section 301 List 4A & List 4B 10% Duty Effective

 

Dear Valued Customer, 

 

This morning, the Office of the United States Trade Representative (USTR) announced their intention to split Section 301 List 4 into two parts: List 4A, which will be effective September 1, and List 4B, which will be effective December 15. 

 

Together, both parts of List 4 encompass the remaining $300 billion worth of Chinese imports that, until recently, remained unaffected by Section 301 tariffs. Commodities on List 4A and List 4B include but are not limited to livestock, foodstuffs, chemicals, plastics, garments, footwear, housewares, ceramics, glass, steel, iron, aluminum, tools, machinery, electronics, computers, toys, and exercise equipment; for the full scope of this action, please review the USTR publications below.

 

 

For more information, please follow the links below:

https://ustr.gov/about-us/policy-offices/press-office/press-releases/2019/august/ustr-announces-next-steps-proposed 

USTR Announces Next Steps on Proposed 10 Percent Tariff on Imports from China

 https://ustr.gov/sites/default/files/enforcement/301Investigations/List_4A_%28Effective_September_1%2C_2019%29.pdf

List 4A (Effective September 1, 2019)

 https://ustr.gov/sites/default/files/enforcement/301Investigations/List_4B_%28Effective_December_15%2C_2019%29.pdf

List 4B (Effective December 15, 2019)
 

OEC Group is committed to keeping our customers informed on current market conditions and will continue to monitor the situation as it develops.

 

Should you have any questions regarding this update, please contact your OEC Group Brokerage Representative.

 

 

Sincerely yours,

 

OEC Group

 

The information contained herein is provided as a public service with the understanding that OEC Group makes no warranties, either expressed or implied, concerning the accuracy, completeness, reliability, and suitability of the information. Nor does OEC Group warrant that the use of this information is free of any claims of copyright infringement.

http://www.oecgroup.com
            
 
 

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