It was announced on May 9, 2019, that the US tariffs would increase from 10% to 25% on $200 billion worth of Chinese goods at 12:01 am on May 10, 2019. The 10% tariffs came into effect on Section 301 List 3, which was originally passed in September of 2018 at 10%, with the intention to raise it to 25%. This increase has been delayed twice over the course of negotiations with China.
We encourage you to review your import activity to determine if you could be impacted by this change. Please reach out to Buckland if you have any questions about this change.