Section 301 Tariff Update: Increases Announced for List 3 and List 4

Section 301 Tariff Update: Increases Announced for List 3 and List 4

08/27/2019
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In an announcement on Friday, August 23, 2019, the USTR (United States Trade Representative) advised that Section 301 List 3 tariffs will be increasing from 25 percent to 30 percent effective October 1, 2019, following a notice and comment period. List 3 is comprised of approximately $250 billion worth of Chinese imports and was first implemented on September 24, 2018 at 10 percent. On May 10, 2019, the List 3 duty rate increased to 25 percent.

In addition to the five percent increase in List 3, List 4A, set to go into effect on September 1, 2019, is also being increased by five percent, from the originally announced 10 percent provisional tariff to 15 percent. List 4A comprises approximately $300 billion worth of Chinese imports.

Currently, the following Provisional Tariffs are in effect for imports into the United States:

S232 Steel Tariff: 25 percent from all countries except Canada, Mexico, Australia, Argentina (Quota), Brazil (Quota) and Korea (Quota), effective March 23, 2018
S232 Aluminum Tariff: 10 percent from all countries except Canada, Mexico, Australia and Argentina (Quota), effective March 23, 2018
S301 List 1: 25 percent from China, effective July 6, 2018
S301 List 2: 25 percent from China, effective August 23, 2018
S301 List 3: 25 percent from China, effective September 24, 2018 (increasing to 30 percent on October 1, 2019)
S301 List 4A: 15 percent from China, effective September 1, 2019 (increasing from reported 10 percent to 15 percent)
S301 List 4B: 10 percent from China, effective December 14, 2019

Please continue to watch for further updates to these and other USTR announcements.

If you have questions, please contact us or reach out to your Ascent Global Logistics Representative directly.

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