On Thursday, December 23, 2021, the White House released a proclamation detailing changes to the U.S. Harmonized Tariff Schedule (HTS), based on recommendations published by the World Customs Organization (WCO) in June 2019.
While specific details of tariff schedule updates was not included with the official announcement, in April 2021, the U.S. International Trade Commission (ITC) submitted their report of recommendations to President Biden.
READ THE FULL REPORT: Recommended Modifications to the Harmonized Tariff Schedule, 2021
Modifies provisions in the following trade agreements and duty programs to conform to technical changes in the new tariff schedule.
- Section 301 of the Trade Act
- Uruguay Round Agreements Act
- Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR)
- United States-Peru Trade Promotion Agreement (USPTPA)
- United States-Korea Free Trade Agreement (USKFTA)
- United States-Colombia Trade Promotion Agreement (USCTPA)
- United States-Panama Trade Promotion Agreement (PTPA)
- United States-Mexico-Canada Agreement Implementation Act (USMCA)
- United States–Israel Free Trade Area Implementation Act of 1985 (USIFTA)
- United States-Singapore Free Trade Agreement (USSFTA)
The proclamation also removed Ethiopia, the Republic of Guinea (Guinea), and the Republic of Mali (Mali) as trade beneficiaries under the African Growth and Opportunity Act (AGOA) for not making continual progress in meeting the requirements, effective January 1, 2022.
DATES
Changes will take effect 30-days after the proclamation is published in the Federal Register.
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