U.S. Drops Tariffs On Chinese Forklift Imports

The United States government has appeared to have lifted import tariffs on Chinese forklifts. President Donald Trump had announced the tariffs on July 6, 2018.

A notice from the Office of the United States Trade Representative granted the exclusion.

“The U.S. Trade Representative initiated the exclusion process in July 2018, and stakeholders have submitted requests for the exclusion of specific products,” said a statement from the Office of The United States Trade Representative.

Request to exempt product categories from the tariffs had to show that the products were available from other sources other than China and that the imposition of additional duties on the particular product would cause severe economic harm to the requester or other U.S. interests. The request to lift the tariffs also had to show that the particular product under tariff strategically important or related to “Made in China 2025” or other Chinese industrial programs.

Tariffs on Chinese forklifts appear to have been lifted. (Image by OpenClipart-Vectors from Pixabay)

“Based on the evaluation of the factors set out in the July 11 notices… the U.S. Trade Representative has determined to grant the product exclusions set out in the Annex to this notice,” the notice added.

The exclusion includes pallet trucks, forklifts and certain engines and motor components and parts used by American forklift manufacturers.

The process of lifting the tariffs is still unclear and more information should be coming from the Office of the United States Trade Representative.

(Source: Forkliftaction.com)

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