Japan Deal Tariff Cuts to Take Effect Sept. 16
Tariff cuts for Japanese automobiles and auto parts will take effect Sept. 16, according to a notice released by the Commerce Department.
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On that date, cars and trucks and auto parts with a most-favored nation duty rate of 15% or lower will begin paying a flat 15% MFN plus reciprocal rate under new subheading 9903.94.41 and 9903.94.43, respectively. Cars, trucks and auto parts with an MFN rate higher than 15% will only pay the MFN rate, and will be filed under subheadings 9903.94.40 and 9903.94.42, respectively.
Imports of civil aircraft and civil aircraft parts from Japan, which are guaranteed exemptions under the deal from Section 232 tariffs on steel, aluminum and copper, as well as from reciprocal tariffs, will be filed under new subheading 9903.96.02.
And also beginning Sept. 16, goods from Japan may be imported with a flat 15% reciprocal + MFN tariff under new subheading 9903.02.73, though that rate applies retrocactively to imports back through Aug. 7. Japanese goods with an MFN rate of higher than 15% will only pay the MFN rate, and should be filed under subheading 9903.02.72.