USTR Announces Additional Tariff Modifications on Certain EU Products
The Office of the United States Trade Representative (USTR) announced modifications to the Section 301 tariffs placed on certain EU products as part of their dispute over Airbus subsidies. The products affected account for approximately $7.5 billion worth of goods, including aircraft parts and luxury items.
As specified in Annex 1 of the Federal Register notice, the tariff rate for non-aircraft EU products will remain at 25%. Further modifications are set out in Annex 1 of the notice and are applicable with respect to products that are entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight savings time on September 1, 2020.
For ease of reference, the complete list of affected products, countries of origin, Chapter 99 HTSUS numbers, and the associated effective dates and tariff rates can be found in PDF format here.
You can view the full notice from the Federal Register here.
Trans-Border will continue to monitor the situation. If you have any questions, please reach out to Bill Carey, Import Compliance Manager, at bcarey@tbgfs.com or (800) 493-9444.
