Changes effective March 4, 2025
U.S. Customs and Border Protection (CBP) yesterday evening released an amended notice modifying the Harmonized Tariff Schedule of the United States (HTSUS) to provide an increase of the tariff rate from 10% to 20% on certain Chinese products, including those from Hong Kong.
Summary
A national emergency was declared on January 20, 2025, due to the threat posed by illegal drugs and aliens entering the United States. The president expanded this emergency on February 1, 2025, to include China's failure to control chemical precursor suppliers and other criminal activities affecting U.S. national security. Consequently, Executive Order 14195 imposed a 10% ad valorem tariff on Chinese imports, which was later amended to include additional provisions (read TradeNewsFlash).
The latest executive order (March 3, 2025) further amends the duties by increasing the additional tariff rate from 10% to 20% on specified Chinese products, including those from Hong Kong. These changes are effective from March 4, 2025, and apply to products entered for consumption or withdrawn from warehouses on or after March 4, 2025.
Certain exemptions and conditions apply, including the de minimis exemption and specific provisions under chapter 98 of the HTSUS.