CBP Says Section 301 Tariff Decrease for FTZ Goods Depends on Application Date

The coming decrease to Section 301 tariffs on goods from China classified in subheading 9903.88.15 will apply to merchandise admitted to a foreign-trade zone depending on “the rate of duty and tax in force on the date of filing the application for privileged foreign status,” CBP said in a CSMS message. The tariffs on goods on the Section 301 4A list will fall from 15 percent to 7.5 percent on Feb. 14 (see 2001160019). Despite an industry request for blanket authority to allow for immediate delivery procedures (see 2001290037), CBP said that “immediate delivery procedures are not applicable.”