Baker McKenzie Alert: China Retaliatory Tariffs – Product Exclusion Process
May 23, 2019 Category Announcements, Weekly
According to a Circular [2019] No. 2 (the “Circular”) released by the Tariff Commission of the State Council (the “Tariff Commission”), which is a multi-ministerial board led by the Ministry of Finance (“MoF”), on May 13, 2019, China has introduced a product exclusion process, expected to be officially launched on June 3, 2019. This is the equivalent of the product exclusion process already put in place by the U.S. Trade Representative’s office, aiming to provide exemption from the Chinese retaliatory tariffs applicable to the U.S. origin goods based on particular products.
We set forth in the below alert an overview of this exclusion process and our recommended strategies and immediate next steps for multinational corporations that sell U.S. origin products to China. Please feel free to share the alert with your colleagues who might also be interested in the topics raised in this alert.
If you have any questions on the topics covered or need further clarification on any particular issue, please do not hesitate to get in touch with your usual contact at Baker McKenzie, or any of the lawyers listed below.
Jon Cowley
Registered Foreign Lawyer
+852 2846 1744
Frank Pan
Special Counsel
+86 21 6105 8523
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