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    The United States Confirmed That The $200 Billion Tax Collection List Was Formally Launched In June 30Th.

    2019/6/22 13:44:00 90

    The United StatesTariffsChinaInternational Observation

                                                                         

         

    In June 19th, the US Trade Representative Office (USTR) announced that it was ready to start the $200 billion tax collection process.

    200 billion subproduct applications can be submitted through the exclusions.USTR.gov network channel. The website will start operation from June 30, 2019. The deadline for application is September 30, 2019. Comments on a product should be submitted within 14 days after the application is published on USTR. Any rebuttal of this comment should be submitted within 7 days after the deadline for submission of the 14 day commentary, or within 7 days after the commentary is posted online.

    The $200 billion tax list has been officially implemented since September 24, 2018, with an initial levy of 10%. In May 10, 2019, the levy rate was raised to 25%. This product excludes the opening of channels is an important opportunity for enterprises to reduce tariffs through the US legal process. Product exclusions should be made by the US entity, and our export enterprises can be united states importers or brand Get in touch with your business and invite them to take an active part in it. It is worth noting that the effect of the product elimination decision on retroactive effect is excluded if the excluded part of the tariff that has been paid since September 24, 2018 will be refunded. At present, some products of the US $34 billion tax plan and the US $16 billion tax plan have been approved by the US side.

    In addition, in order to help enterprises inquire about the 301 tariff rate of imported products, USTR has set up new network links. On this website, by entering 8 US customs tariff codes, we can inquire whether a product belongs to the four list (16 billion, 34 billion, 200 billion and 300 billion dollars) under the 301 measures, and the applicable tariff status of the imported product. The link is as follows: https://ustr.gov/issue-areas/enforcement/section-301-investigations/search.

    The chamber of Commerce delegation will go to Washington in June 25th to attend the hearing of the US $300 billion tariff increase product. The public will follow up the relevant information in real time. After the hearing is concluded, the chamber of Commerce will conduct training on product elimination related information in the near future, and invite interested enterprises to pay attention in time.

    China Spin Li Binbin, the legal department of commodities import and Export Chamber of Commerce: Wang Yi

    Tel: 010-67739280

         

         

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