The exclusions to the Section 301 tariffs covering goods deemed necessary for COVID relief efforts have been extended. These exclusions, entered under provisional number 9903.88.66, were scheduled to expire on May 31, but are now extended through November 30. The US Trade Representative (USTR) did not rule out additional extensions for these products.
This comes at a time when Section 301 tariffs on China origin goods, Rounds 1 and 2, are also being reviewed. Comments on tariffs for goods listed in Round 1 are being accepted here, while comments on tariffs for goods listed in Round 2 will have an open comment period starting June 24. These reviews are required under a provision in the Section 301 statute, which places a four-year sunset on the tariffs. To extend the tariffs beyond the four-year period, the USTR must review the tariffs and issue a report on their effectiveness in achieving the objectives of the statute. Round 1 was implemented on July 6, 2018, and Round 2 was implemented on August 23, 2018. Both Rounds 3 and 4 will need to be reviewed by September 24, 2022, and September 1, 2023, respectively.
In a separate action, the US International Trade Commission (USITC) began an investigation on the economic impact of both the Section 301 (China) and Section 232 (steel and aluminum) tariffs. This investigation targets US trade, production, and prices in the industries most affected by these tariffs. The USITC is required to present their finding to the House and Senate Committees on Appropriations in March 2023. The USITC will post information on their website regarding ways individuals and companies may participate.
Best Regards,
Sam McClure, LCB
Director of Compliance & Customs Services
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Meet one of CVI’s Customs Brokerage & Compliance experts, Sam McClure:
Sam serves as Director, Compliance and Customs Services for CVI. He serves as CVI’s corporate compliance officer and is responsible for overseeing all aspects of our Customs related services, including growth.
Sam started his career in 1977 with Waters Shipping Company in Charlotte, NC. He began as a document runner, soon becoming a leader in operations and customer service for the branch. Sam, along with Linda Masten, founded Central Carolina Shipping Inc. in 1983 as an independent Customs Brokerage firm where he served as Vice President for 26 years. Sam and Linda grew Central Carolina into a successful and highly respected member of the Carolinas trade community. When Charlotte opened their local chapter of the IFFCBA Sam was part of the organizing group and he headed the Customs committee for several years. Sam obtained his Customs Brokers License in 1984 and remained with Central Carolina until the company was acquired by CVI in 2009.
At CVI, Sam has held several positions in both the operations and sales departments. As an expert in U.S. Customs regulations, Sam is often called upon on to provide guidance to importers on Customs compliance issues. He makes regular presentations on matters related to importation and broader regulatory compliance.
– Sam McClure, LCB, Director of Compliance & Customs Services, CVI
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