USTR Announces List 4A Tariff Reduction to 7.5% on February 14

 In Industry Insider, Industry News

The Office of the United States Trade Representative (USTR) released a notice announcing that the tariff rate on List 4A products will reduce to 7.5% on February 14, 2020. This reduction is part of the Phase One trade agreement ratified last week between the U.S. and China.

The Phase One agreement, which covers a range of topics from intellectual property rights to currency manipulation, includes a purchase of an additional $200 billion in American exports by China.

The official notice from USTR can be found here.

 If you have any questions, please reach out to Bill Carey, Import Compliance Manager, at bcarey@tbgfs.com or (800) 493-9444.