China Tariffs: Take Action Now
LIST 3 TARIFFS
On Friday, May 10th a tariff increase went into effect on $200 billion in Chinese imports on "List 3," raising the tariffs from 10% to 25%. The tariffs apply to products that were shipped after 12:01 ET on Friday, May 10th.
Among the 6,000 products on the list, the snowsports-specific products include:
- Ski gloves (Subheadings 4203.21.55, 4203.21.60)
- Knit hats (Subheadings 6505.00.50, 6505.00.60)
- Sports bags (Subheadings 4202.92.31, 4202.92.39, 4202.92.45)
LIST 4 TARIFFS
On Monday, May 13th, the Trump administration released a new proposed "List 4" of 25% tariffs on over $300 billion of Chinese-manufactured goods, that include:
- Performance outerwear
- Gloves, mittens
- Safety headgear
- Skis & bindings
- Ski boots
- Ice skates
- Toboggans, sleds
September 10th, the Trump administration announced that the tariffs on List 3 would be increased to 30% starting on October 15, and then also on the List 4A to 15%, effective September 1st. LIst 4B would be effective December 15th. Please clck on the links below to see what products are included on each list.
October 10th, The President has announced that the U.S. and China have agreed to a “Very Substantial Phase One” deal this afternoon. While the details are still being written, Secretary Mnuchin said that the tariff increases from 25% to 30% on Lists 1-3 that was scheduled for October 15 has been suspended.