Section 301 and China Tariffs: What Importers Need to Know
Section 301 and China Tariffs have dramatically impacted U.S. importers. This comprehensive guide breaks down everything you need to know about these tariffs, their implementation, economic effects, and strategies for managing them.
Section 301 China Tariffs: The Four Lists
List 1
Implemented: July 6, 2018
- $$34 Billion
In import value
- %25% Tariff Rate
Additional duty on affected goods
- TTarget Industries
Industrial goods, machinery, and equipment
List 2
Implemented: August 23, 2018
- $$16 Billion
In import value
- %25% Tariff Rate
Additional duty on affected goods
- TTarget Industries
Electronic components, chemicals, and plastics
List 3
Implemented: Sept 24, 2018
- $$200 Billion
In import value
- %10% → 25% Rate
Increased to 25% in May 2019
- TTarget Industries
Consumer goods, furniture, building materials
List 4A
Implemented: Sept 1, 2019
- $$120 Billion
In import value
- %15% → 7.5% Rate
Reduced to 7.5% in Feb 2020
- TTarget Industries
Clothing, shoes, toys, electronics
July 2018
Aug 2018
Sept 2018
Sept 2019
Phase One
Jan 2020
Rate Increases
May 2024
Key Economic Impacts
Estimated cost per U.S. household in 2025
Total value of Chinese imports subject to tariffs
Approximate percentage of Chinese imports affected