Trade Rep Renders Verdict on Remaining China 301 Exclusions – RVBusiness – Breaking RV Industry News
On Friday, May 24, the Office of the United States Trade Representative announced they are further extending certain remaining Section 301 China tariff product exclusions for another year until May 31, 2025 and allowing others to expire following a temporary extension beyond the originally scheduled May 31 expiration date until June 14, according to a News & Insights report by the RV Industry Association (RVIA).
The announcement can be read here, which will subsequently be published in the Federal Register sometime this week. Initial analysis shows that about 60% of the remaining exclusions will expire on Friday, June 14 (listed under Annex D), leaving 40% to remain in place for another year (listed in Annex C).
RVIA encourages its members to review the list to see whether they will be impacted by any of the expiring exclusions. Please reach out to RVIA Director of Federal Affairs Samantha Rocci at [email protected] with questions or to discuss how the decision may impact your company.