In Short
The Situation: The U.S. government has imposed
additional 25 percent duties on two sets of Chinese-origin goods,
will shortly impose additional 10 to 25 percent duties on another
set of Chinese-origin goods, and is considering imposing additional
duties on more Chinese-origin products under Section 301.
The Developments: There are a number of options
that companies can employ to avoid paying the Section 301 duties,
including product exclusion requests, changing the tariff
classification and country of origin of Chinese-origin products
imported into the United States, and duty deferral or elimination
programs.
The Impact: Companies should explore how they
might avoid paying the Section 301 duties.
