Since 1922

UPDATE ON CHINESE TARIFFS

Dear AHEC Members,

 

We have received the list of products which could potentially have tariffs removed starting next Friday. The attached list comes from the statement by China’s State Council Tariff Commission.

You can view the announcement (in Chinese) here: http://gss.mof.gov.cn/gzdt/zhengcefabu/202002/t20200221_3472600.htm

The attached form is “1.第二批对美加征关税商品第一次排除清单一” from the State Council Tariff Commission statement, which appears to be goods where tariffs will no longer be levied and importers are eligible for refunds. You’ll notice several US hardwood product HS codes on this list such as oak lumber and logs, cherry and ash lumber, and “other” hardwood lumber and logs. You’ll also see that oak lumber and logs are marked with “ex” for “excluded”. We are working to define exactly what that will mean for these products and what the definite tariff rate will be moving forward.

There is still confusion about this program and the implementation, and with the drastic changes over the past weeks including the tariff reduction application announcement, the situation should still be considered fluid and subject to further change.

We are continuing to work with our contacts to assess the situation and impact on our industry and will update you as we receive more information. As with previous announcements, the Chinese government has decided to release this statement out of the blue on Friday afternoon their time. It’s currently past midnight leading into the weekend in China so we will likely not have official clarification from our government contacts until next week.

The AHEC team will continue to bring you more news on the situation as it develops.

 

Best,

Tripp Pryor

International Program Manager

tpryor@ahec.org

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A powerful search engine created specifically for the hardwood industry . . .READ MORE
Hardwood Wizard
A powerful search engine created specifically for the hardwood industry . . .READ MORE
Hardwood Wizard
A powerful search engine created specifically for the hardwood industry . . .READ MORE
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