President Trump has announced the United States will suspend “for the time being,” current plans to impose up to an additional 25 percent tariff on List 4 of imported goods from China. The move comes following a meeting with China President Xi while both leaders were attending the G20 Summit in Osaka, Japan. The proposed List 4 goods currently have a value of $300 billion. Current tariffs on imported goods from China still remain in place.

For those seeking exemptions from previously instated additional tariffs on List 3 goods, the process opened on June 30. Companies may file exemption requests by September 30. If granted, the exemptions would be retroactive to September 24, 2018, and additional tariffs may be refunded.

To submit an exclusion request, requesters must first register on the portal at http://exclusions.USTR.gov. After registration, the requester can fill out and submit one or more exclusion request forms.

Source:  City Press