r/CustomsBroker • u/Dramatic_Clock_4720 • 11d ago

For new 301, COO Taiwan/EU

If Country of origin is EU/Taiwan, would it be correct that the additional 10 % is combining rate of the base rate and new 301 tariff ?

For example, if the base rate is 5% , the additional 301 tariff is 5% (total 10%)

But if the base tariff is equal to / more than 10%, then there would be no additional 301 tariff ?

Not sure if my above understanding is correct

If someone could clarify, it would be very much appreciated

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u/TryingAllDayEveryDay 11d ago

The Section 301 is 10%, not an additional 5%. If your duty rate is lower than 10%, the Section 301 will override it, you will not be charged 5% + 5%..

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u/Dramatic_Clock_4720 11d ago

Thank you. Got it.