PLEASE REFER TO MEGA BLOG POST DATED 8/8/2018 FOR UPDATED INFORMATION
To receive a quotation based on production in the Philippines, please send us drawings and quantity requirements. Production from this location will avoid the proposed tariff increase.
Dear Valued Customer,
Following the July 6 implementation of Section 301 List 1 tariff and prior to finalization of List 2, the Office of the United States Trade Representative (USTR) released List 3 on July 10. List 3 seeks to impose a 10% tariff on $200 billion in goods from China and could potentially impact 6,031 products.
Of the extensive product range indicated in List 3, power cords and power supplies are included. The proposed List 3 tariff is expected to go into effect after a comprehensive review process by the Section 301 Committee.
At this time, both lists 2 and 3 remain under review with formal hearings scheduled for July 24 and the end of August respectively. The dates at which US Customs and Border Protection (CBP) will begin collecting duty for the List 2 at 25% and List 3 at 10% have not been determined yet.
You may find the Harmonized Tariff Schedule of the United States (HTSUS) subheadings pertaining to all impacted products at the below links. It is important to note these lists are tentative and in no way finalized.
MEGA Electronics Inc products are under the below HTS codes
DC/DC Converters 8504.40.6018
Power supplies 8504.40.9530
Power cords 8544.42.9090
For the proposed List 2 affected products and their harmonized tariff subheading numbers, please see the link below:
CLICK TO VIEW INFO
For the proposed List 3 affected products and their harmonized tariff subheading numbers, please see the link below:
MEGA Electronics Inc. is committed to keeping our customers informed on current market conditions and will continue to monitor the situation as it develops.
We are producing in both the Philippines and China. There is no tariff increase proposed on our products produced in the Philippines, only parts produced in China.
To receive a quotation based on production in the Philippines, please send us drawings and quantity requirements.
Production from this location will avoid the proposed tariff increase.
Should you have any questions regarding this update, please contact your MEGA sales representative.
MEGA Electronics Inc.