The office of the United States Trade Representative (USTR) recently issued a notice, officially “postponing” the tariff rate increase “until further notice.” S301 List 3 tariffs will remain at 10 percent instead of increasing to 25 percent. The delayed increase is due to progress in US and China trade negotiations.
There is still a chance that the List 3 duties could become more permanent. However, it is still unclear when the delay will end. If you have additional questions, please contact us or reach out to your Ascent Global Logistics representative directly.