The new regulations for foreign trade in August have arrived! Please pay attention to these changes!

The United States resumes a 25% tariff on some excluded goods

On July 27th local time, the Office of the United States Trade Representative announced the seventh batch of products with extended validity period for excluding additional tariffs (products included in the 16 billion tariff exclusion list), which was originally scheduled to expire on July 31, 2020. The notice has decided to extend the validity period of exclusion from July 31, 2020 to December 31, 2020.


The first batch of products excluded from the original 16 billion tariff list had a total of 69 items. Only 14 products were granted an extended validity period, while 55 products were not granted an extended validity period. This means that 55 excluded products will be subject to a 25% tariff increase starting from July 31, 2020 Eastern Time in the United States.


For details, please refer to the article: Starting from July 31st, some products will be subject to an additional 25% tariff! The United States announces the extension of the validity period for the exclusion of tariff products!


The official announcement from the US side is as follows:

https://ustr.gov/sites/default/files/enforcement/301Investigations/%2416_Billion_Exclusion_Extensions_July_2020.pdf

The State Council Issues 20 Implementation Opinions on Optimizing the Business Environment

On July 15th, the General Office of the State Council issued the Implementation Opinions on Further Optimizing the Business Environment and Better Serving Market Entities, which includes export related content:


（7） Further improve the efficiency of import and export customs clearance. Promote the "early declaration" of import and export goods, and enterprises shall handle the declaration procedures in advance. The customs shall inspect and release the goods upon their arrival at the customs supervision workplace. Optimize the "two-step declaration" customs clearance mode for imports, allowing enterprises to remove goods after completing a "summary declaration" and customs risk investigation and disposal. Carry out pilot projects for "ship side direct delivery" of imported goods and "port arrival direct loading" of exported goods in eligible regulatory workplaces. Implement full monitoring and tracking of inspection operations, allowing enterprises to independently choose whether to accompany inspections in areas with conditions, and reducing the burden on enterprises. It is strictly prohibited for ports to adopt unreasonable measures such as single day flow restriction and customs declaration control to compress customs clearance time. (Led by the General Administration of Customs, relevant departments of the State Council and various regions are responsible according to their respective responsibilities)


（8） Expand the function of a single window for international trade. Accelerate the expansion of the "single window" function from port customs clearance and law enforcement to the entire chain of port logistics, trade services, etc., and achieve online disclosure and inquiry of charging standards for ports, shipping agents, and cargo handling. Except for special circumstances such as confidentiality, regulatory documents involved in the import and export process should generally be accepted through a "single window", and relevant departments should handle and implement supervision in the background to promote online payment and independent printing of documents by enterprises. (Led by the General Administration of Customs, the Ministry of Ecology and Environment, the Ministry of Transport, the Ministry of Agriculture and Rural Affairs, the Ministry of Commerce, the State Administration for Market Regulation, the National Medical Products Administration, and other relevant departments of the State Council and various regions are responsible according to their respective responsibilities)


（9） Further reduce restrictions on investment and operation of foreign-funded foreign trade enterprises. Support foreign trade enterprises to convert their exported products to domestic sales, promote the use of self declaration by foreign trade enterprises to replace relevant domestic certifications, and allow foreign trade enterprises to make written commitments that meet domestic standards before directly listing and selling products that have already obtained relevant international certifications and certification standards are not lower than domestic standards. Strengthen in-process and post event supervision. Authorize all prefecture level and above cities nationwide to carry out registration of foreign-invested enterprises. (The Ministry of Commerce, the State Administration for Market Regulation and other relevant departments of the State Council and various regions shall be responsible according to their respective responsibilities)


（15） Continuously improving the level of tax services. By the end of 2020, the digitization of value-added tax special invoices will be basically achieved, and major tax related service matters will be basically processed online. Simplify the application process for value-added tax and other tax preferential policies, and in principle, no approval process will be set up. Strengthen data sharing among departments such as taxation, customs, and the People's Bank of China, accelerate the progress of export tax refunds, and promote paperless document filing. (Led by the State Administration of Taxation, relevant departments of the State Council such as the People's Bank of China and the General Administration of Customs are responsible according to their respective responsibilities)