Tariffs Update
Dear Valued Customer,
As of July 6, 2018, the United States has issued tariffs on imports of certain products made in China. The specific products subject to tariff are identified by their HTS code classification under the Harmonized Tariff Schedule of the United States.
To date, the Office of the United States Trade Representative (USTR) has published 4 lists of products that, if made in China, are subject to tariff upon importation into the U.S.:
List 1 (effective Jul. 6, 2018) – duty of 25%
List 2 (effective Aug. 23, 2018) – duty of 25%
List 3 (effective Sep. 24, 2018) – duty of 25% (increased from previous rate of 10% on May 10, 2019
List 4A (effective Sep. 1, 2019) – duty of 15%.
WPG Americas is working diligently and partnering with our suppliers and the Electronic Component Industry Association to mitigate the burden on our customers as much as possible. In many cases, we are able to reduce or eliminate the tariff charges for our customers. However, if this is not an option, we will be forced to pass through the applicable tariff to our customers.
As this dynamic situation progresses, WPG Americas is here to help. We are following new developments closely and will continue to share supplier and product updates with you as they become available. You may also contact your WPG Americas sales rep should you have any questions.
Thank you,
WPG Americas Inc. Leadership Team