China Stops Imposing Extra Tariff on U.S. Fasteners with Tensile Strength Over 800MPa
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The Tariffs & Regulations Committee of PR China’s State Council has recently announced the second wave of “exemption” list of products imported from the U.S. subject to extra tariffs. Screws and bolts with the tensile strength equal and over 800MPa (product code 73181510), whether they are assembled with nuts or washers, are also in the “exemption”list. This announcement will be effective from May 19 this year through May 18, 2021. Those tariffs already collected by the Chinese Customs before May 19 will, as a result, be reimbursed, and the importing companies involved can submit their application to the Chinese Customs for the reimbursement within 6 months after the announcement of the “exemption”list.