Timeline Also - Scarbrough International

[Pages:1]6/1/2018

Section 232 Imports from all countries Imposed

?Additional 25% on imported steel ?Additional 10% on imported aluminum ? Exempt countries*:

? South Korea ? Argentina ? Brazil ? Australia

*Absolute quota on products from ? South Korea announced 6/1 ? Argentina, Brazil announced 6/5 but effective 6/1 ? Australia completely exempt

6/15/2018

Section 301 Imports from China Announced

?Total Value: $50 billion ?Two Lists and effective dates List one ?Value: $34 billion ?Additional 25% List Two ?Value $16 billion ?Additional 25%

7/6/2018

Section 301 List one Imposed

?Valued at $50 billion ?Duty Rate: 25% ?Goods affected: List 1 ?Chinese goods industrial, non-consumer products such as parts

7/11/2018

Additional Tariffs Announced

?USTR announces proposed additional tariffs on Chinese goods ?Valued at $200 billion ?Goods affected: > 800 products, 6,031 tariff subheadings ?Duty Rate: 10% ?Currently under investigation

Mexico Retaliatory Tariffs Imposed

?Valued at $3 billion ?Duty Rate: 15%, 20%, 25% ?Goods Affected: pork, cheese, apples, ham, cranberries, potatoes, whiskey, aluminum, steel, and more

6/5/2018

China Retaliatory Tariff Announced

? Valued at $50 billion ?Duty Rate: 25% ?Goods affected: 2 lists ?List 1: 545 items ?List 2: 114 items

6/15/2018

EU Retaliatory Tariffs Imposed

?Value 2.8 billion ?Duty Rate: 10%,25%, 50% ?Goods affected: corn, grain, orange juice, cranberries, and more

Canada Retaliatory Tariffs Imposed

?Value: $13 billion ?Duty rate: 25% on steel and 10% on all other commodities ?Goods Affected: steel, whiskey, bags, lawnmowers and more

6/22/2018

7/1/2018

China Retaliatory Tariffs Imposed

?Valued at $34 billion ?Duty Rate: 25% ?Goods affected: List 1 which includes 545 items

7/6/2018

Retaliatory Additional Tariffs Announced

?Chinese government duplicates U.S. announcement and tariff decision at lower value ?Valued at $50 billion no effective date yet

7/11/2018

after 8/30/2018

Section 301 List two Imposed

?Valued at $16 billion ? Duty Rate 25% ?Goods affected: List 2 ?Contain industrially significant technologies ? Currently under public response

India Retaliatory Tariffs Imposed ? Value $241 million ?Duty Rate: 50% ?Goods: Motorcycles

United States Tariff Effective Date

United States Tariff Announcement Date

Other Country Tariff Effective Date

Other Country Tariff Announcement Date

Created July 2018

8/4/2018

TARIFF TIMELINE

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