Fentanyl Tariffs to Drop, Ship Fees to End Nov. 10; Chassis Tariffs Also Delayed
The U.S. will drop tariffs on Chinese goods by 10 percentage points on Nov. 10, and also will stop collecting ship-docking fees under the Section 301 action on shipbuilding on that date, the administration announced over the weekend. The fees are suspended for one year.
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
The U.S. also will extend Section 301 tariff exclusions through Nov. 10, 2026, that were slated to expire on Nov. 29.
The Section 301 action that covered ship-docking fees also was set to hike tariffs on intermodal chassis and parts of those chassis by 100 percentage points, starting Nov. 9. That tariff is also paused for a year.
The Office of the U.S. Trade Representative proposed new tariffs last month under that action, of up to 150% on rubber tire gantry cranes, rail mounted gantry cranes, automatic staking cranes, reachstackers, straddle carriers, terminal tractors, top handlers (which may also be referred to as top loaders), and parts of these machines. Those tariffs, if the administration concluded they were appropriate, would also be delayed for a year.
"In the meantime, the United States will negotiate with China pursuant to Section 301 while continuing its historic cooperation with the Republic of Korea and Japan on revitalizing American shipbuilding," the fact sheet said.
The administration said the implementation of the Bureau of Industry and Security's recent 50% rule also will be suspended for a year, beginning Nov. 10.
The White House called the agreement with China a "massive victory," and touted these Chinese commitments to:
- stop the export of fentanyl precursors to North America.
- "issue general licenses valid for exports of rare earths, gallium, germanium, antimony, and graphite for the benefit of U.S. end users and their suppliers around the world."
- end retaliation against major U.S. companies operating in China.
- suspend retaliatory tariffs announced since March on chicken, wheat, corn, cotton, sorghum, soybeans, pork, beef, aquatic products, fruits, vegetables, and dairy products.
- buy sorghum and hardwood logs, in addition to previously announced soybean purchase commitments.
- allow exports of legacy chips from Nexperia fabricating plants.
- rescind retaliation over docking fees.