On July 27 Local Time, the Office of the U.S. Trade Representative (USTR) Released a List of Extended Exemption Periods (16 Billion US Dollars of Goods in the List)
On July 27 local time, the office of the U.S. Trade Representative (USTR) released a list of extended exemption periods (16 billion US dollars of goods in the list), mainly for some Chinese goods in the exclusion list published on July 31, 2019 and valid until July 31, 2020, and the exemption period is extended to December 31, 2020. The original tariff exclusion list contains 69 categories of goods, of which 14 categories can be extended to December 31, 2020. There are 55 products that have not been extended, which means that 55 excluded products will resume the 25% tariff increase from July 31, 2020. Chlorinated polyethylene rubber, expandable plastic beads, polyvinyl chloride film, polyethylene film, spark ignition internal combustion engine, hot air gun, air amplifier, perfume machine set, tooth punch, parts cleaning machine, rotary cleaning machine, fertilizer applicator, bench drilling machine, bearing box, motor, amorphous silicon solar charger, motor armature shaft, furnace Control panel, voltage regulator diode, antenna amplifier, antenna noise suppressor, audio controller, mixer, electric pet comb, LED nail polish fast drying lamp, liquid leak detector, polarizing plate, frying thermometer, infrared thermometer, thermometer hygrometer combination equipment, pulse output gas meter and water meter, finger clamp pulse oximeter 55 kinds of commodities. https://ustr.gov/sites/default/f ... sions_ July_ 2020.pdf
In view of the above problems, we can avoid the above problems through re export in Malaysia, and gradually operate 25% tariff products. We can use the license to clear customs through one-stop service to the door, and the consignees have no risk....
Need to communicate at any time, professional re export trade for 10 years!!!
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