Temporary Reduction in US-China Tariffs

China and the United States have agreed to a temporary reduction in import duties. Details are included in the related Executive Order.

For 90 days, the United States will charge a baseline tariff of 10% of the value of products of China, plus the 20% “fentanyl” tariff on product of China, plus the 25% tariff on certain aircraft parts (HTSUS 9903.88.01 – where appropriate). Many aircraft parts are subject to the additional 25% duty under this provision, including those under (for example) headings 8409, 8411, and 8807.

During this same period, China will apply a 10% tariff (plus any special tariff on aircraft parts) to goods that are the product of the United States.

These tariffs are based on the “country of origin” of the goods, and not based on the origin of the transaction.

The temporary pause is schedule to begin tomorrow, May 14, and will continue for 90 days. After that, the U.S. tariffs on products of China are scheduled to go back to a baseline of 34% instead of 10%.