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Detailed List of US Tariffs on Chinese Imports in 2024

Detailed List of US Tariffs on Chinese Imports in 2024

The United States is proposing to increase tariffs on a range of Chinese imports, including electric vehicles, lithium batteries, solar cells, critical minerals, semiconductors, steel and aluminum, and port cranes.

Some of these measures are expected to take effect on August 1, 2024

US President Biden will continue the tariff measures implemented by former President Trump and further increase other tariffs

Starting August 1, 2024, the US will impose a 100% tariff on Chinese electric vehicles, a 25% tariff on lithium-ion electric vehicle batteries, a 25% tariff on masks, including N95 masks, a 50% tariff on syringes and needles, a 25% tariff on critical minerals such as cobalt ore and aluminum ore, a 25% tariff on port cranes, a 50% tariff on solar cells, and a 25% tariff on steel and aluminum products

Detailed List of US Tariffs on Chinese Imports in 2024
Battery parts (non-lithium-ion batteries) Increase rate to 25% in 2024
Electric vehicles Increase rate to 100% in 2024
Facemasks Increase rate to 25% in 2024
Lithium-ion electrical vehicle batteries Increase rate to 25% in 2024
Lithium-ion non-electrical vehicle batteries Increase rate to 25% in 2026
Medical gloves Increase rate to 25% in 2026
Natural graphite Increase rate to 25% in 2026
Other critical minerals Increase rate to 25% in 2024
Permanent magnets Increase rate to 25% in 2026
Semiconductors Increase rate to 50% in 2025
Ship to shore cranes Increase rate to 25% in 2024
Solar cells (whether or not assembled into modules) Increase rate to 50% in 2024
Steel and aluminum products Increase rate to 25% in 2024
Syringes and needles Increase rate to 50% in 2024

Impact of US Tariff Increases on Chinese Imports in 2024

The buyer whom import the product which in "Detailed List of US Tariffs on Chinese Imports in 2024", worry about.

One of the reasons for the recent increase in sea freight from China to the US is also due to the impact of this news

US importers are concerned that the tariff hike will hurt their profits

So they are significantly accelerating orders, urging their Chinese suppliers to book space with freight forwarders as soon as possible and export their goods as soon as possible to arrive in the US before August 1, 2024, to complete customs clearance

Avoid high tariffs imposed by US Customs.

The increase in US tariffs on Chinese imports in 2024 is also having an impact on goods shipped from China to Mexico, Canada, and Central and South America via the US by sea and air.

Due to geographical constraints, many goods shipped by container sea freight, sea freight LCL, and international air freight from these countries need to pass through US ports and airports.

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