The broadest set of changes to tariff classification in five years is set to take effect toward the end of January, as the latest set of amendments to the World Customs Organization's Harmonized System tariff nomenclature is implemented in the Harmonized Tariff Schedule of the U.S. Announced by a presidential proclamation published Dec. 28, the changes are slated to take effect 30 days after that, on Jan. 27 (see 2112270032). This is the third of International Trade Today's multipart summary, covering chemical products, pharmaceutical products and explosives of chapters 28-38.
Latest Harmonized System updates
The broadest set of changes to tariff classification in five years is set to take effect toward the end of January, as the latest set of amendments to the World Customs Organization's Harmonized System tariff nomenclature is implemented in the Harmonized Tariff Schedule of the U.S. Announced by a presidential proclamation published Dec. 28, the changes are slated to take effect 30 days after that, on Jan. 27 (see 2112270032). This is the second of International Trade Today's multipart summary, covering fats and oils, food preparations and tobacco products of Chapters 15-24 of the HTS.
The broadest set of changes to tariff classification in five years is set to take effect toward the end of January, as the latest set of amendments to the World Customs Organization's Harmonized System tariff nomenclature is implemented in the Harmonized Tariff Schedule of the U.S. Announced by a presidential proclamation published Dec. 28, the changes are slated to take effect 30 days after that, on Jan. 27 (see 2112270032). This is the first part of International Trade Today's multi-part summary, covering fish and seafood products and vegetable products of Chapters 1-14 of the HTS.
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The International Trade Commission posted the 2022 Preliminary Edition of the Harmonized Tariff Schedule. The new HTS does not include the five-year World Customs Organization Harmonized System update, which will take effect toward the end of January at the end of a 30-day period following their proclamation Dec. 27 (see 2112270032). It does, however, implement annual changes to 10-digit "statistical" provisions of the tariff schedule, as well as the removal of Ethiopia, Mali and Guinea from the African Growth and Opportunity Act preferences program and a new tariff-rate quota system for iron and steel and aluminum from the EU. These changes took effect Jan. 1.
CBP created Harmonized System Update (HSU) 2119 Dec. 28, containing 284 ABI records and 71 Harmonized Tariff Schedule records, it said in a CSMS message. The update implements a tariff-rate quota for steel and aluminum products from the European Union as part of an agreement to remove Section 232 tariffs on goods from the EU (see 2112280036 and 2112290029). CBP said it also created HSU 2118 Dec. 27, with 140 ABI records and 70 HTS records. The update "was created to rectify Harmonized System Update (HSU) 2116 and 2117," CBP said in a CSMS message Dec. 28 (see 2112280039).
CBP created Harmonized System Update (HSU) 2117 Dec. 23, containing 2,981 ABI records and 510 Harmonized Tariff Schedule records, it said in a CSMS message late in the afternoon Dec. 27. CBP said it also created HSU 2116 on Dec. 20, with 103 ABI records and 22 HTS records. "Harmonized System Update (HSU) 2116 and 2117 contained records that should not have been included in the update," CBP said. "A new Harmonized System Update (HSU) 2118 was ran today and that information will be available tomorrow."
Changes to the U.S. tariff schedule that implement an update to the World Customs Organization's Harmonized System tariff nomenclature are set to take effect Jan. 27, according to the presidential proclamation scheduled for publication in the Federal Register Dec. 28. The full list of coming changes are described in a newly released report from the International Trade Commission.
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.
The White House released its much anticipated proclamation amending the tariff schedule to implement the five-year update to the World Customs Organization’s Harmonized System tariff nomenclature. The widespread changes to the U.S. Harmonized Tariff Schedule will take effect 30 days after the proclamation is published in the Federal Register.