Wednesday, June 26, 2019
There have been several significant U.S.-China trade developments in June. Notably, the Office of the U.S. Trade Representative (USTR) issued procedures for seeking an exclusion for parties adversely affected by the increased 25 percent tariffs on $200 billion of goods imported from China that came into effect on May 10, 2019 (List 3). The USTR also extended by two weeks the entry deadline to avoid this increased List 3 25 percent tariff. In addition, the USTR held public hearings regarding proposed List 4 tariffs ($300B) and continued to work through the backlog of List 1 and List 2 exclusion requests.