10% Tariff 100% Impact

Posted on August 01, 2019

On August 1st around 1:30 pm, President Donald J. Trump tweeted that List 4 will go into effect beginning September 1st, 2019.

What was originally proposed at 25% will now be implemented at 10%. The push to move forward with implementing list 4 comes at the close of the latest trade talks which took place in China early this week.

As a result of failed promises regarding the large purchase of U.S agricultural goods in addition to the continued sale of Fentanyl, the Trump administration has decided to move forward with the list.

Trade talks are scheduled to continue with the Chinese Government at the beginning of September and will be held in Washington D.C.

Currently, list 4 contains 3,805 full and partial HTSUs subheading and covers essentially all products not already subjected to the additional tariffs. The list includes items such as but not limited to apparel, manufactured textiles, and footwear. The list excludes, however, pharmaceuticals, certain pharmaceutical inputs, rare earth minerals, critical minerals, and certain medical goods.

Once published, Importers will have the opportunity to file exclusions through the Executive Office of the President. If you would like more information on the refund process or any other trade-related matter, please contact Allyn International at sales@allynintl.com

About Allyn International

Allyn International is dedicated to providing high quality, customer centric services and solutions for the global marketplace. Allyn's core products include transportation management, logistics sourcing, freight forwarding, supply chain consulting, tax management and global trade compliance. Allyn clients range from small local businesses to Fortune 500 firms. Allyn conducts business in more than 20 languages and has extensive experience in both developed and emerging markets. Highly trained experts are positioned throughout North and South America, Europe and Asia. Allyn’s regional headquarters are strategically located in Fort Myers, Florida, U.S.A., Shanghai, P.R. China, Prague, Czech Republic, and Dubai, U.A.E. For more information, visit www.allynintl.com.