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MTB Duty Suspensions to Apply from 13 October

President Trump on 13 September signed into law the Miscellaneous Tariff Bill Act of 2017 (H.R. 4318), which reduces or suspends import duties on nearly 1,700 products that are not otherwise available in the United States. These duty reductions/suspensions will apply to goods entered, or withdrawn from warehouse for consumption, from 13 October 2018 through 31 December 2020.

As previously reported, H.R. 4318 includes a broad range of products of potential interest to Hong Kong and mainland Chinese exporters. A majority of these products are chemical inputs. Also in the legislation are various plastics and plastic products, camera flotation devices, rubber pet toys, automotive gaskets, conveyor belting of vulcanised rubber, life jackets for pets, sleeping bag stuff sacks, non-woven polypropylene bags, novelty backpacks, binocular carrying cases, bags designed for janitorial carts, cases for electronic games or accessories, women’s leather jackets, leather gloves, boxing gloves, leather belts, woven wood and bamboo products, cashmere and camel hair, cashmere and camel hair yarn, woven fabric of vicuna hair, woven cotton gauze, pique fabric, 50D nylon, polyvinyl alcohol yarn, high tenacity single rayon yarn, polypropylene monofilament, elastic water-repellent woven polyester fabric, acrylic filament tow, acrylic and viscose rayon staple fibres, hand-tufted wool carpets, various garments incorporating snaps used to attach a heart rate monitor, women’s and girls’ man-made fibre knitted vests, men’s and boys’ silk knitted pullovers and cardigans, girls’ cotton knitted coveralls and jumpsuits, neoprene wading socks, various woven garments, nylon wool packs, sleeping bag shells, textile ice bags, various footwear and headwear products, patio umbrella frames, plastic plants, glass beads, cookware covers, glass-ceramic cookware, padlocks, manicure and pedicure sets, various machinery and equipment, swim goggles, projection screens, multi-metres, LED lamps, golf club heads, tennis and squash rackets, volleyballs, basketballs, fitness equipment and tripod camera mounts, among many other products.

Content provided by Picture: HKTDC Research
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