Dear Valued Customer,
In the beginning of May, the Office of the United States Trade Representative (USTR) announced List 3 Tariffs will increase to a duty rate of 25% for imports departing China on or after May 10, 2019. USTR has since released clarification regarding which duty rate will be applied, including additional consideration for destination arrival time.
Originally, imports with a departure date prior to May 10, 2019 and arrival date prior to June 1, 2019 were eligible for 10% duty rate; this has since been extended. Now, shipments eligible for 10% duty rate are those that departed prior to May 10, 2019 and arrived at Ocean Port of Discharge (POD) prior to June 15, 2019. All other List 3 impacted shipments that do not meet both conditions will be subject to the 25% duty rate.
For more information, please follow the link below:
Official U.S. Customs and Border Protection notice:
OEC Group is committed to keeping our customers informed on current market conditions and will continue to monitor the situation as it develops.
Should you have any questions regarding this update, please contact your OEC Group Customer Service Representative.
Sincerely yours,
OEC Group
The information contained herein is provided as a public service with the understanding that OEC Group makes no warranties, either expressed or implied, concerning the accuracy, completeness, reliability, and suitability of the information. Nor does OEC Group warrant that the use of this information is free of any claims of copyright infringement.
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