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Article Date: January 2021
Word Count: 894

Most China Tariff Exclusions Have Now Expired


Sporting goods companies’ hard won Section 301 tariff exclusions expired as of Dec. 31, as the United States trade representative has not taken any action to extend them, despite lobbying from industry groups and members of congress. A total of 550 product-specific exclusions across the four tranches of tariff have now ended, which mitigated the massive bill paid by importers. But for the exclusions, industry companies would have paid $757.4 million through the first three quarters of 2020 on a total of $10,370.7 million in Chinese imports affected by the three tranches of Section 301 tariffs, down 8% from $11,219.2 ... Log in to view full article.

 


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