MENU

Panjiva_research_logo

8,241 Cries for Help as Trump’s China Tariffs Bite, Exemption Process Slow

China 2527 Cons. Discr. - Autos 918 Info Tech - Tech Hardware 589 Tariffs 1613 U.S. 4472

The U.S. government has received 8,241 requests for exemptions from America’s section 301 duties on Chinese exports. The duties covered around $50 billion of products in two lists applied on July 6 and August 24. Exemptions have been received from 788 companies. None have had a formal approval yet while 9.9% of the requests have been denied. A large proportion of tariff-afflicted products are covered by the exemption requests. The requests cover products where imports in total (not just by requestors) reached $36.7 billion in the 12 months to Aug. 31. The largest products include special...

Copyright © 2020 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.