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USITC to identify imports needed for Covid-19 response

14 Apr '20
2 min read
Pic: Shutterstock
Pic: Shutterstock

The US International Trade Commission (USITC) has instituted an investigation that will identify imported products that may be needed to respond to the Covid-19 pandemic and provide trade-related information for them, including their source countries, tariff classifications, and applicable rates of duty. The report is expected to be ready by April 30.

The investigation, COVID-19 Related Goods: U.S. Imports and Tariffs, was requested by the US House of Representatives’ Committee on Ways and Means and the US Senate Committee on Finance.

In their request letter, the Committees noted: “On March 20, 2020, the Office of the US Trade Representative (USTR) established a process to receive and consider comments for provisional modifications to tariffs imposed on goods that may assist in the public health and clinical response to the Covid-19 pandemic. In view of the Commission’s knowledge in trade and tariff matters, we ask that the Commission provide a report to the Committees and the USTR that identifies imported goods related to the response to Covid-19, their source countries, tariff classifications, and applicable rates of duty so as to assist the Committees and USTR in proposing or taking appropriate and responsive actions.”

For each product it identifies, the USITC will provide the 10-digit HTS code for the article; its legal description; general duty rate; any special or additional rates of duty imposed on the article, and the dates on which the rates were imposed, and the authorities under which they were imposed; whether any such duties have been suspended and, if so, the date of suspension as well how the long suspension is scheduled to last; the total rate of duty imposed on such article, including any special or additional rate of duty; and the major countries of origin for each such article, and the import value of each such article from each country for the years 2017-2019.

The USITC expects to deliver its report to the Committees and the USTR by April 30, 2020.  The USITC will provide updated data runs on its website through June 30, 2020.

Fibre2Fashion News Desk (RKS)

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