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Month: August 2019

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Friday, 16 August 2019 / Published in The BOC Blast

The BOC Blast 324 – More Details on Tariff Increase on List 4 Goods from China

More Details on Tariff Increase on List 4 Goods from China

Friday, August 16, 2019

Sandler, Travis & Rosenberg Trade Report

The following additional details concerning the Section 301 additional 10 percent tariff that will be imposed on List 4 goods imported from China have been made available by the Office of the U.S. Trade Representative.

– The tariff on List 4A goods will be applicable to products entered or withdrawn from warehouse for consumption on or after 12:01 a.m. EDT on Sept. 1. Such goods must be entered under HTSUS 9903.88.15.

– List 4A includes HTSUS numbers for which China’s share of U.S. imports from the world is less than 75 percent.

– The tariff on List 4B goods will be applicable to products entered or withdrawn from warehouse for consumption on or after 12:01 a.m. EDT on Dec. 15. Such goods must be entered under HTSUS 9903.88.16.

– List 4B includes HTSUS numbers for which China’s share of U.S. imports from the world is 75 percent or greater.

– 25 HTSUS numbers proposed for inclusion on List 4 have been removed based on health, safety, national security, and other factors.

– Any List 4A or 4B product eligible for admission under domestic status that is subject to the 10 percent tariff and admitted into a U.S. foreign-trade zone on or after the effective date of that tariff may only be admitted as privileged foreign status.

– The 10 percent tariff does not apply to List 4A or List 4B goods for which entry is properly claimed under a provision of HTSUS Chapter 98, except for goods entered under HTSUS 9802.00.40, 9802.00.50, 9802.00.60, and 9802.00.80. For HTSUS 9802.00.40, 9802.00.50, and 9802.00.60, this tariff applies to the value of repairs, alterations, or processing performed abroad. For HTSUS 9802.00.80, the tariff applies to the value of the article less the cost or value of such products of the U.S.

For more information, please contact your ST&R professional or Sandler, Travis & Rosenberg, P.A.

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Tuesday, 13 August 2019 / Published in The BOC Blast

The BOC Blast 323 – USTR Announces Certain Products Exempt from List 4 Tariffs – Others to Face Delayed Tariff

 
USTR Announces Certain Products Exempt from List 4 Tariffs;
Others to Face Delayed Tariff

 
USTR has issued a notice stating that the additional 10 percent tariff on List 4 imports from China will not be imposed on certain products. Products have been removed from the tariff list based on health, safety, national security and other factors.
Additionally, the tariff will be delayed until December 15th for products on List 4B. Those products are in the following tariff groups: cell phones, laptop computers, video game consoles, certain toys, computer monitors, and certain items of footwear and clothing.
For products on list 4A, the tariff will go into effect September 1. USTR also intends to conduct an exclusion process for products subject to the tariff.
 

  • USTR List 4A (Effective September 1, 2019)

 

  • USTR List 4B (Effective December 15, 2019)

 

 

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Thursday, 08 August 2019 / Published in The BOC Blast

The BOC Blast 321 – Extreme Storms Will Affect Vessels ToFrom Shanghai-Ningbo-Qingdao


Extreme Storms Will Affect Vessels To/From Shanghai/Ningbo/Qingdao
 
In early August 2019, dual storms marched across the Western Pacific Ocean. The Visible Infrared Imaging Radiometer Suite (VIIRS) on the Suomi NPP satellite acquired this natural-color image of Typhoon Lekima (left) and Tropical Storm Krosa (right) at about 04:30 Universal Time (1:30 p.m. Japan Standard Time) on August 7, 2019.

Around the time that the image was acquired, Typhoon Lekima had rapidly intensified into a category 2 storm with maximum sustained winds of 90 knots (100 miles/160 kilometers per hour). A few hours later the storm intensified into a category 3 storm and was expected to continue to strengthen as it tracked northwest toward Japan’s southern Ryukyu Islands, Taiwan, and eastern China.

Tropical Storm Krosa, the weaker of the two storms, had maximum sustained winds of 60 knots (70 miles/110 kilometers per hour) around the time of this image. This storm was tracking in a more northerly direction as it slowly strengthened.

NASA Earth Observatory image by Joshua Stevens, using VIIRS data from NASA EOSDIS/LANCE and GIBS/Worldview, and the Suomi National Polar-orbiting Partnership. Text by Kathryn Hansen.

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