U.S. says no grace period for Chinese imports facing tariffs on Sept. 1

[Eugene]

Source: Reuters

BUSINESS NEWS AUGUST 30, 2019 / 5:25 PM / UPDATED AN HOUR AGO

U.S. says no grace period for Chinese imports facing tariffs on Sept. 1

WASHINGTON (Reuters) - The 15% duties on Chinese imports taking effect on Sept. 1 will have no grace period for goods in transit, U.S. Customs and Border Protection said in guidance on its website on Friday.

The agency, which collects such duties, said the new tariffs would take effect as planned at 12:01 a.m. EDT Sunday, covering all goods on the list of affected products, including a wide array of consumer electronics, shoes and bed linens.

In the past, the agency has offered a short period during which goods that were already in transit could enter ports without being hit with the additional duties.

Reporting by David Lawder; Writing by Andrea Shalal; Editing by Leslie Adler

https://www.reuters.com/article/us-usa-trade-china-cbp/u-s-says-no-grace-period-for-chinese-imports-facing-tariffs-on-sept-1-idUSKCN1VK2JG

[ProudMNDemocrat]

1. Looks like my Christmas gifts will be from Local Artisans...

and gifts I make myself from my fabrics stash.