President Issues Proclamation Implementing 2017 WCO Harmonized System Changes in HTS
President Barack Obama on Dec. 1 issued a presidential proclamation modifying the tariff schedule (here). Changes include implementation of the 2017 Harmonized System tariff nomenclature adopted by the World Customs Organization (see 14073002 and 14073101), with specific changes and their…
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effective date to be outlined in an as-yet-unreleased International Trade Commission report. Other modifications to the tariff schedule implement phased tariff cuts under the Information Technology Agreement (see 1607050018) and several bilateral free trade agreements. International Trade Today will provide further information as more details are released.