February 4th, 2025
Trade Alert: Tariffs on Chinese Imports
Beginning this morning, February 4th, at 12:01 a.m., a 10% tariff will be applied to imports from China and Hong Kong. The tariff will be in addition to the standard tariff rate, the Section 301 additional duty, and any applicable antidumping/countervailing duties.
If you provide evidence that your goods were on a vessel or in transit by 12:01 a.m. ET on February 1st, your goods will not be subject to these tariffs as long as they are entered for consumption before March 7th.
Items with Section 301 exclusions or Miscellaneous Trade Bill duty suspensions/reductions are still subject to 10% tariffs.
No drawback will be allowed for these tariffs. However, duty drawbacks are still permitted for other eligible duties.
Below is a U.S Customs CSMS message and an unpublished Federal Register Notice that provides guidance on the implementation of the tariffs:
CSMS (Customs Messenging Service)
Federal Register Notice
In response to the U.S. tariffs, China's Finance Ministry announced it will impose its own tariffs starting February 10th. These will include a 15% tariff on U.S. liquified natural gas and coal imports and a 10% tariff on crude oil, farm equipment, and some autos. Further, they filed a formal complaint with the World Trade Organization (WTO).
What comes next is highly uncertain, as new developments are fluid and subject to change without notice. Our team at Rogers & Brown will utilize all of our resources, closely monitor the ongoing developments, and continue to provide updates as new information becomes available.
As always, do not hesitate to contact your Rogers & Brown representative or email us at Sales@rogers-brown.com with any questions or concerns. We will keep you updated as we receive new information.
Thank you,
Rogers & Brown Team
