IMPORTANT Goods Already on the Water NOT Subject to Increase from 10% to 25% Section 301 Duty

Agathon Associates has confirmed with the Office of the United States Trade Representative that goods already in transit, or shipped in the next few hours and which are currently subject to the 10% Section 301 will remain at 10%. For goods now subject to 10% which are entered entered for consumption on or after midnight tonight AND where shipped to the U.S. on or after midnight tonight the Section 301 tariff will increase to 25%. That's means goods already in transit will not be subject to the increase, even if they arrive after midnight tonight. For confirmation see the text near the bottom of the first column of page 20460 in today's Federal Register (84 FR 20459).