USTR Publishes Notice of 301 Tariff Increases

The White House released more information this week regarding Section 301 tariffs on goods coming from China. The United States Trade Representative (USTR) on Wednesday published an advance copy of the Federal Register notice that announces the proposed modifications to the Section 301 duties.

The notice includes 382 8-digit subheadings and five 10-digit subheadings. The proposed increases will go into effect over the next three years, with the 2024 increases beginning on August 1, 2024, and the 2025 and 2026 increases starting on January 1 of the corresponding year.

The entire list of items subject to the duties can be found in Annex A of the USTR’s official notice, but includes items such as some medical supplies, lithium-ion batteries, electric vehicles, and certain critical minerals. However, solar manufacturing equipment will be exempt from the tariffs. These exclusions will remain in place through May 31, 2025.

USTR will be soliciting comments from businesses on the tariffs and exclusions. The comment period will be open from May 29, 2024 until June 28, 2024. Comments must be submitted through the USTR comment portal at comments.ustr.gov. If you have any questions or need further assistance, please contact your Scarbrough Global representative.