2022 Tariff Schedule Update to Take Effect Jan. 27; ITC Releases Details on Changes
Changes to the U.S. tariff schedule that implement an update to the World Customs Organization's Harmonized System tariff nomenclature (see 2112230046) are set to take effect Jan. 27, according to the presidential proclamation set for publication in the Federal Register Dec. 28. The full list of coming changes, along with descriptions, is in a newly released report from the International Trade Commission on modifications to the Harmonized Tariff Schedule of the U.S.
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
The HS governs classification for most countries at the six-digit level, and each Harmonized System Convention member must then also set eight-digit and 10-digit changes to its own tariff schedule. Similarly widespread changes were adopted by the WCO and implemented in the HTSUS in 2017.