China 301 Tariffs… They’re Back!
- September 18, 2024
On September 13, 2024, the U.S. Trade Representative (USTR) revealed several updates regarding China 301 tariffs, following public input on its notice dated May 28, 2024. The actions include new and increased tariffs on 382 products across various sectors, including electric vehicle batteries, semiconductors, medical supplies, and critical minerals. These tariff changes are set to take effect on September 27, 2024, with some increases rolling out in 2025 and 2026.
Please refer to the below for more detail:
| Product | Tariff Increase |
| Battery parts (non-lithium-ion batteries) | Increase rate to 25% in 2024 |
| Electric vehicles | Increase rate to 100% in 2024 |
| Facemasks | Increase rate to 25% in 2024 |
| Lithium-ion electrical vehicle batteries | Increase rate to 25% in 2024 |
| Lithium-ion non-electrical vehicle batteries | Increase rate to 25% in 2026 |
| Medical gloves | Increase rate to 25% in 2026 |
| Natural graphite | Increase rate to 25% in 2026 |
| Other critical minerals | Increase rate to 25% in 2024 |
| Permanent magnets | Increase rate to 25% in 2026 |
| Semiconductors | Increase rate to 50% in 2025 |
| Ship to shore cranes | Increase rate to 25% in 2024 |
| Solar cells (whether or not assembled into modules) | Increase rate to 50% in 2024 |
| Steel and aluminum products | Increase rate to 25% in 2024 |
| Syringes and needles | Increase rate to 50% in 2024 |
The full HTS list can also be found HERE.
Additionally, the USTR announced plans to raise tariffs on certain tungsten, wafer, and polysilicon products, with more details to be released soon.
An exclusion process will also be established for certain machinery used in U.S. manufacturing, exempting them from China 301 duties. Meanwhile, 14 specific types of solar manufacturing equipment have been granted temporary tariff exclusions, retroactive to January 1, 2024, and lasting through May 31, 2025. U.S. Customs and Border Protection (CBP) will provide guidance on how to claim retroactive relief for these excluded items.
Shapiro will continue to monitor the situation and provide status updates as needed. If you have any questions, please contact your Shapiro Representative directly.
