25% Tariff on Chinese Flooring Pushed Back to June 15
Washington, DC, June 4, 2019-On May 31, the U.S. Trade Representative’s Office (USTR) announced it intends to publish a notice in the Federal Register next week that extends the amount of time for importers to enter certain goods, including flooring exported from China before the goods will be subject to an additional tariff increase from 10% to 25%.
Covered products that were exported from China to the United States prior to May 10 will remain subject to an additional 10% tariff if they enter for consumption into the U.S. before June 15. Originally, the deadline to enter the U.S. before the goods would be subject to an additional 25% tariff was June 1.
Insiders close to the negotiations between China and the U.S. are thinking this date could be pushed back even further. Meanwhile the USTR is expanding the list of excluded items that could be omitted from the Section 301 tariffs. At this point flooring has not been excluded.