Hong Kong No Longer Valid Country of Origin: Update!
On July 14th, President Trump issued an Executive Order ending Hong Kong’s special trade status. Goods from Hong Kong must now be marked as “Made in China.” Initially, it was stated that Section 301, antidumping, and countervailing duties would apply to this merchandise. However, as of last night, reports began to surface that this executive order would not result provide “new U.S. tariffs on goods from Hong Kong” according to an administration official.
U.S. Customs and Broder Protection (CBP) has not yet issued a statement on the practical effects of this change in regards to administration of the change. It is important to note that the only regulation cited in the order related to country of origin marking.
Currently, this action is scheduled to take effect fifteen days after the order, which is July 29th, 2020. Please be sure to review your country of origin marking and internal databases prior to the effective date.
We will continue to follow this story as the implementation nears.