New Harmonized Tariff Schedule Updates Set to Take Effect in January 2022

Husch Blackwell LLP
Contact

On January 1, 2022, the new Harmonized Tariff Schedule (HTS) will take effect with a number of significant updates for importers and exporters.  The World Customs Organization (WCO) made approximately 350 amendments which will impact a substantial number of products and product groups being imported into the U.S. In addition to new classifications, importers should also take note of the updated tariff descriptions, legal notes, and product descriptions. The new changes are expected to account for the continued advances in technology and developing global priorities. A complete list of changes can be found here in a report released by the International Trade Commission in May 2021.

Companies engaged in international trade who have not yet reviewed their product database should do so immediately to determine any necessary updates for 2022. 

[View source.]

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Husch Blackwell LLP | Attorney Advertising

Written by:

Husch Blackwell LLP
Contact
more
less

Husch Blackwell LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide