Upon publication of the final affirmative AD determinations, Commerce intends to instruct U.S. Customs and Border Protection (CBP) to collect AD cash deposits equal to the applicable final weighted-average dumping rates. There are currently no cash deposit requirements related to the CVD investigations. However, for China and Mexico, this is subject to change based on the ITC’s forthcoming injury


 

In accordance with the direction of the President, the U.S. Trade Representative has determined to modify the action being taken in this Section 301 investigation by reducing the rate of additional duty on certain products of China from 15 percent to 7.5 percent

Link: USTR Notice of Modification of Section 301 Action: China’s Acts, Policies, and Practices Related to


The Products that will be affected by the additional 232 Tariffs that are scheduled to go into effect on February 8th are as follows:

                Goods  subject to the 25% Steel Tariff 

Nails, tacks (other than thumb tacks), drawing pins, corrugated nails, staples (other than those of heading 8305) and similar articles, of iron or steel, whether or not with heads

 

IIn a Proclamation by the President dated January 24th 2020 it was stated that they will be “Adjusting Imports of Derivative Aluminum Articles and Derivative Steel Articles into the United States.”   The Section 232 additional tariffs of 25% on Steel and 10 percent on Aluminum will be extended to derivative  products that have increased in imports to the United


 

Following the signing of the Phase I Trade Agreement between China & The US ,  The office of the United States Trade Representatives, (USTR)  released a draft confirming the 15% Tariff on  China List 4 A will be reduced to 7.5% effective for goods entered for consumption or withdrawn from warehouse for consumption on or  after 12:01 AM  on …


 

The Phase One Trade deal between the US and China was signed today, January 15th 2020.  At a conference earlier today, a Trump official announced that the current 15% Tariff on List 4 A will be reduced to 7.5% in 30 days.   We are awaiting the official notice to be posted by the Office of the U.S. Trade Representative