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Home / Metal News / The United States announces a 90-day delay in the payment of some import duties

The United States announces a 90-day delay in the payment of some import duties

iconApr 21, 2020 10:49
Source:SMM compilation

SMM4, April 21, 2020-on April 18, 2020, US President Donald Trump signed an executive order to provide additional support to US businesses during the epidemic.

The order allows companies facing financial difficulties to postpone the payment of tariffs on imports of specific goods to the United States for 90 days between March and April 2020, without the need to pay interest for a period of 90 days, without imposing any fines and liquidated damages.

Deferred measures do not apply to: anti-dumping and countervailing duties; measures under clauses 201, 232 and 301 (that is, they do not apply to Sino-US tariff goods).

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