by Comments are still being sought until later this month on $200 billion segment that includes most residential furniture
WASHINGTON, D.C. – A continuation of tariffs on some $50 billion worth of China-made product pending further review by the Office of the United States Trade Representative indicates what could happen moving forward with a third group of products that includes most residential furniture.
The USTR noted on Sept. 2. that it will keep the tariffs on the first $50 billion in products — valued at $34 billion and $16 billion respectively — in place as it continues its four-year statutory review of the tariffs.
That is because by its Aug. 22 deadline, it received comments that supported continuing the tariffs. This meant that the tariffs did not automatically terminate on their effective anniversary dates of July 6 and Aug. 23.
It is still seeking comments until around September 24, the four-year anniversary of the third round of products valued at $200 billion that includes residential furniture.
Sam McClure, a director of compliance and customs service at Charlotte, North Carolina-based CV International, said that he would be very surprised if there was not support to continue the tariffs on the $200 billion segment that includes furniture.
“This is almost certain to happen with Round 3,” he told Home News Now, noting that if USTR receives a request from at least one representative of a domestic industry that benefits from the tariffs, they remain in place pending the USTR’s four-year review. “I would be very surprised if the reviews did not determine that these tariffs should continue.”
