The U.S. and China have declared a truce in their trade war, as Donald Trump said he would hold off imposing an additional $300 billion in tariffs and the world’s two largest economies agreed to resume negotiations, Bloomberg reported on Saturday.
Trump told reporters that he wouldn’t put additional tariffs on China for the “time being,” and that he’ll allow U.S. companies to supply gear to Huawei.
At the end of the Group of 20 (G-20) summit in Osaka, Trump tweeted that the meeting with China's President Xi Jinping went "far better than expected."
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We're still waiting for official confirmation and additional details from the White House and USTR.
This time around, the Section 301 tariff exclusion request process for List 3 will be done through an online portal (https://exclusions.ustr.gov/) which opened at noon EDT on June 30, 2019.
The deadline to submit List 3 product exclusion requests is September 30, 2019.
USTR invites interested parties, including trade associations, to submit requests for exclusion from the additional duties under the $200 Billion Tariff Action (List 3). See 84 FR 29576 dated June 24, 2019.
To file a request for exclusion from the $200 Billion Tariff Action (List 3), log in to the USTR Exclusions Portal. Click “Create an Account” to register as a Requesting Organization or Third Party on behalf of one or more organizations.
To view all posted requests for exclusion from the $200 Billion Tariff Action (List 3) or submit a response to a request, please click here. Interested parties do not need to register for an account to view a request or file a response to a request.
Guidance for filing a request for exclusion, a response to a request, or a reply to a response is available on the home screen of the USTR Exclusions Portal, as well as on the $200 Billion Trade Action (List 3) page of the USTR website.
View the official Federal Register Notice >>
Visit the Exclusion Requests Portal >>
List 3 Exclusion Process begins on June 30