Exclusions for China Retaliatory Tariffs Can be Requested Starting June 3

Wednesday, May 29, 2019 China has announced that beginning June 3 it will accept in stages requests for exclusions from the retaliatory tariffs it has imposed against more than $100 billion worth of goods imported from the U.S. Requests must contain specific information, and exclusions will only be granted to Chinese companies and for one year. As of June 1 China is increasing tariffs on $60 billion worth of U.S.…

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CV Duties Could be Used Against Currency Manipulation in New Proposal

Wednesday, May 29, 2019 Sandler, Travis & Rosenberg Trade Report Currency manipulation by foreign countries could be deemed an export subsidy and subject to countervailing duties under a new proposed rule from the International Trade Administration. Comments on this proposal are due by June 27. U.S. law provides for the imposition of CV duties on subsidized imports to offset the portion of the subsidy attributable to the imported goods. Subsidies…

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Hamanaka Newsletter: May, 2019

Hamanaka Newsletter: May, 2019 List four woes, Turkey no longer GSP, steel and aluminum punitive duties gone for Canada and Mexico and more. View this email in your browser When the US government increased the duty rate on the third annex from 10% to 25%, they simultaneously announced that they would publish for comment a fourth and final annex that would include virtually all remaining HTS numbers and make nearly every product of Chinese origin subject…

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TARIFF TURMOIL

Photo credit: iStock.com/Darwel By Susan Kohn Ross The last few days have seen some startling developments regarding trade between the U.S. and China. Perhaps none of this is remarkable given the current climate, but trying to keep track has caused untold whiplash! On May 10, we learned from USTR the timing of the 25% tariff on List 3 was changed. It is now applicable to goods entered on or after June…

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Turkey Terminated from GSP, Subject to TRQ on Solar Cells and Washers

Wednesday, May 22, 2019 Sandler, Travis & Rosenberg Trade Report President Trump has terminated the designation of Turkey as a beneficiary developing country under the Generalized System of Preferences as of May 17, eliminating the eligibility of thousands of products imported from that country for duty-free treatment under GSP. This action termination is based on Turkey’s level of economic development, and the president has specifically cited the country’s increases in…

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Prepare Now to Submit Tariff Exclusion Requests for China List 3 Goods

Monday, May 20, 2019 Requests for exclusions from the 25 percent additional tariff imposed May 10 on $200 billion worth of goods (List 3 goods) imported from China will require much more information than has been required for List 1 and List 2 goods, according to a notice from the Office of the U.S. Trade Representative. Importers of List 3 goods interested in requesting exclusions should act now to start…

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Turkey’s GSP Eligibility Terminated; Steel Tariffs Reduced to 25%

In accordance with the May 16 Presidential Proclamation, effective today, the Republic of Turkey’s designation as a beneficiary developing country has been terminated. With this move, exports from Turkey will no longer be eligible for the Generalized System of Preferences (GSP). The release also states the exemption for Turkey from application of the safeguard measures on crystalline silicon photovoltaic (CSPV) cells and large residential washers will also be removed. In…

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More China Tariff Exclusion Requests Denied as USTR Prepares for List 3 Process

Thursday, May 16, 2019 Sandler, Travis & Rosenberg Trade Report Hundreds more requests for exclusions from the Section 301 additional tariffs on imports from China have recently been denied but many remain under consideration. The Office of the U.S. Trade Representative is continuing to review exclusion requests for List 1 and List 2 goods, imports of which are collectively worth about $50 billion, as it prepares to launch an exclusion…

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New Trade Sanctions Coming to Protect U.S. Technology; Export Screening Urged

Thursday, May 16, 2019 New restrictions on exports to Chinese telecom giant Huawei and 70 affiliates will be effective soon and other trade involving information and communications technology and services could be limited as well after President Trump issued May 15 an executive order declaring a national emergency due to the threat of foreign adversaries using ICT for economic and industrial espionage. Broad Trade Sanctions Authorized The EO authorizes the…

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Co-Production Can Help Ease Impact of Increased Tariffs on Goods from China

Wednesday, May 15, 2019 Sandler, Travis & Rosenberg Trade Report In the ever-growing trade war between the U.S. and China, companies are looking for ways to avoid or mitigate the Section 301 additional tariffs the U.S. is or will soon be imposing on virtually all imports from China. One possible option is co-production. Goods may move back and forth across borders multiple times before being completed and shipped to the…

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