CBP: Section 301 tariffs trump Miscellaneous Tariff Bill preferences

The Miscellaneous Tariff Bill will not negate Section 301 tariffs on Chinese goods, U.S. Customs and Border Protection said in a notice on Friday. “Since approximately half of the 1,660 MTB-eligible items are produced in China, there is overlap with Section 301 tariffs,” the Oct. 12 notice states. “Products of China subject to Section 301 tariffs can benefit from MTB’s suspensions and reductions for the general (column 1) rate of duty, but remain subject to the 25 percent ad valorem...