Duties Assessed Under Recent Trade Remedies Now Top $10 Billion, CBP Says
CBP has assessed more than $10.3 billion in duties under the recent major trade remedies started during the Trump administration as of Nov. 20, a CBP spokeswoman said. That marks an increase in assessed duties of more than $3 billion…
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since the previous CBP update with numbers from about a month ago (see 1811210013). Most of that increase stems from the Section 301 tariffs on goods from China, which now account for about $5.8 billion in assessed duties, she said. The first tranche of Section 301 tariffs took effect on July 6 (see 1807050033); the second list took effect on Aug. 23 (see 1808070046); and the third, on Sept. 24 (see 1809240015). CBP also has assessed about $3.1 billion under the Section 232 tariffs on steel and $991 million under tariffs on aluminum, the spokeswoman said. The Section 201 trade remedies on washing machines and solar cells (see 1801230052) account for $489 million in assessed tariffs, she said.