You are here

USTR extends tariff exclusions, to open public comment period in January

Published December 26, 2023

WASHINGTON (BRAIN) — The United States Trade Representative announced Tuesday that existing Section 301 tariff exclusions will be extended until May 31. The exclusions for some China-made bicycle products were scheduled to end Sunday.

The tariffs of 25% were to be applied in addition to pre-existing tariffs on China-made bikes. The tariffs were initiated during the Trump administration and have been extended twice.

PeopleForBikes estimates the worth of products under these extensions to be in excess of $120 million in annual import value. This potentially could result in savings of $30 million for the bike industry in Section 301 duty payments.

The bike products cover various categories, including all children's bikes and certain e-bikes. 

The USTR announced it will open a public comment portal on Jan. 22 to decide whether to extend any of these product exclusions beyond May 31. The comment period will close Feb. 21.

Topics associated with this article: Tariffs

Join the Conversation