Accessible Version
Factors Affecting Recent U.S. Tariffs on Imports from China Accessible
Figure 1: Effective vs Statutory Tariff Rate: U.S. Imports from China
Tarriff Rate (pct. points)
Date | Effective Rate | Statutory Rate |
---|---|---|
2017m8 | 2.7 | 2.7 |
2017m9 | 2.7 | 2.7 |
2017m10 | 2.7 | 2.7 |
2017m11 | 2.7 | 2.7 |
2017m12 | 2.7 | 2.7 |
2018m1 | 2.7 | 2.7 |
2018m2 | 2.7 | 2.7 |
2018m3 | 2.7 | 2.7 |
2018m4 | 2.7 | 2.7 |
2018m5 | 2.8 | 2.7 |
2018m6 | 2.9 | 2.8 |
2018m7 | 3.7 | 4.4 |
2018m8 | 4.2 | 5.1 |
2018m9 | 5.0 | 8.9 |
2018m10 | 7.8 | 8.9 |
2018m11 | 8.0 | 8.9 |
2018m12 | 8.0 | 8.9 |
2019m1 | 7.8 | 8.8 |
2019m2 | 7.8 | 8.8 |
2019m3 | 7.7 | 8.8 |
2019m4 | 7.7 | 8.8 |
2019m5 | 8.6 | 14.5 |
2019m6 | 11.6 | 14.5 |
2019m7 | 12.3 | 14.5 |
2019m8 | 12.4 | 14.5 |
2019m9 | 15.4 | 17.5 |
2019m10 | 15.4 | 17.5 |
2019m11 | 15.3 | 17.5 |
2019m12 | 15.2 | 17.5 |
2020m1 | 15.1 | 17.5 |
2020m2 | 14.2 | 17.5 |
2020m3 | 12.4 | 16.0 |
2020m4 | 12.1 | 16.0 |
2020m5 | 11.9 | 16.0 |
2020m6 | 11.8 | 16.0 |
2020m7 | 11.6 | 16.0 |
2020m8 | 12.3 | 16.0 |
2020m9 | 12.4 | 16.0 |
2020m10 | 12.4 | 16.0 |
2020m11 | 12.5 | 16.0 |
Source: USITC.
Note: Figure displays effective and statutory tariff rates on U.S. imports from China, weighted using values of 2017 U.S. imports from China. Horizontal dashed line for the Phase One Deal marked about March 2020. Text between the ending series points of, Statutory Rate, 16% and ending Effective Rate, 12.5%, states Exclusions and Other Factors.
Figure 2: Effective vs Statutory Rate by Section 301 Tariff Wave
Tarriff Rate (pct. points)
Date | Wave 1: Jul. 2018 ** | Wave 2: Aug. 2018 ** | Wave 3: Sep. 2018 ** | Wave 4: Sep. 2019 *** | ||||
---|---|---|---|---|---|---|---|---|
Effective Rate | Statutory Rate | Effective Rate | Statutory Rate | Effective Rate | Statutory Rate | Effective Rate | Statutory Rate | |
2017m8 | 1.0 | 1.0 | 1.6 | 1.6 | 2.1 | 2.0 | 6.6 | 6.5 |
2017m9 | 1.0 | 1.0 | 1.6 | 1.6 | 2.1 | 2.0 | 6.6 | 6.5 |
2017m10 | 1.0 | 1.0 | 1.6 | 1.6 | 2.1 | 2.0 | 6.6 | 6.5 |
2017m11 | 1.0 | 1.0 | 1.6 | 1.6 | 2.1 | 2.0 | 6.6 | 6.5 |
2017m12 | 1.0 | 1.0 | 1.6 | 1.6 | 2.1 | 2.0 | 6.6 | 6.5 |
2018m1 | 1.0 | 1.0 | 1.6 | 1.6 | 2.1 | 2.0 | 6.6 | 6.5 |
2018m2 | 1.0 | 1.0 | 1.8 | 1.6 | 2.1 | 2.0 | 6.6 | 6.5 |
2018m3 | 1.0 | 1.0 | 1.6 | 1.6 | 2.1 | 2.0 | 6.7 | 6.5 |
2018m4 | 1.0 | 1.0 | 1.6 | 1.6 | 2.1 | 2.0 | 6.7 | 6.5 |
2018m5 | 1.0 | 1.0 | 1.8 | 1.6 | 2.1 | 2.0 | 6.9 | 6.5 |
2018m6 | 1.0 | 1.0 | 2.0 | 1.6 | 2.1 | 2.0 | 7.0 | 6.5 |
2018m7 | 14.4 | 26.0 | 1.8 | 1.6 | 2.0 | 2.0 | 7.0 | 6.5 |
2018m8 | 21.6 | 26.0 | 3.9 | 26.6 | 2.0 | 2.0 | 7.0 | 6.5 |
2018m9 | 21.6 | 26.0 | 21.7 | 26.6 | 2.7 | 12.0 | 7.0 | 6.5 |
2018m10 | 21.5 | 26.0 | 23.4 | 26.6 | 10.1 | 12.0 | 7.0 | 6.5 |
2018m11 | 21.3 | 26.0 | 23.3 | 26.6 | 10.6 | 12.0 | 6.9 | 6.5 |
2018m12 | 21.3 | 26.0 | 22.8 | 26.6 | 10.6 | 12.0 | 6.9 | 6.5 |
2019m1 | 20.2 | 26.0 | 22.4 | 26.6 | 10.5 | 12.0 | 6.9 | 6.5 |
2019m2 | 19.5 | 26.0 | 22.5 | 26.6 | 10.5 | 12.0 | 6.9 | 6.5 |
2019m3 | 19.4 | 26.0 | 21.8 | 26.6 | 10.2 | 12.0 | 6.9 | 6.5 |
2019m4 | 19.1 | 26.0 | 21.5 | 26.6 | 10.2 | 12.0 | 6.9 | 6.5 |
2019m5 | 19.3 | 26.0 | 22.6 | 26.6 | 12.4 | 27.0 | 6.9 | 6.5 |
2019m6 | 19.0 | 26.0 | 21.6 | 26.6 | 20.5 | 27.0 | 6.9 | 6.5 |
2019m7 | 18.6 | 26.0 | 21.1 | 26.6 | 22.5 | 27.0 | 6.9 | 6.5 |
2019m8 | 18.4 | 26.0 | 21.4 | 26.6 | 22.5 | 27.0 | 6.9 | 6.5 |
2019m9 | 18.4 | 26.0 | 21.6 | 26.6 | 23.7 | 27.0 | 19.2 | 21.5 |
2019m10 | 17.6 | 26.0 | 20.7 | 26.6 | 23.3 | 27.0 | 20.4 | 21.5 |
2019m11 | 17.2 | 26.0 | 19.9 | 26.6 | 23.1 | 27.0 | 20.6 | 21.5 |
2019m12 | 17.0 | 26.0 | 19.0 | 26.6 | 23.0 | 27.0 | 20.7 | 21.5 |
2020m1 | 17.4 | 26.0 | 18.4 | 26.6 | 22.7 | 27.0 | 20.6 | 21.5 |
2020m2 | 16.9 | 26.0 | 19.2 | 26.6 | 21.9 | 27.0 | 17.5 | 21.5 |
2020m3* | 5.6 | 26.0 | 18.5 | 26.6 | 21.2 | 27.0 | 13.9 | 14.0 |
2020m4 | 5.7 | 26.0 | 18.1 | 26.6 | 20.7 | 27.0 | 13.4 | 14.0 |
2020m5 | 5.8 | 26.0 | 18.6 | 26.6 | 20.0 | 27.0 | 13.5 | 14.0 |
2020m6 | 5.9 | 26.0 | 18.7 | 26.6 | 19.7 | 27.0 | 13.5 | 14.0 |
2020m7 | 6.0 | 26.0 | 18.5 | 26.6 | 19.3 | 27.0 | 13.5 | 14.0 |
2020m8 | 6.1 | 26.0 | 19.6 | 26.6 | 21.1 | 27.0 | 13.4 | 14.0 |
2020m9 | 6.3 | 26.0 | 19.4 | 26.6 | 21.2 | 27.0 | 13.4 | 14.0 |
2020m10 | 6.4 | 26.0 | 22.3 | 26.6 | 21.1 | 27.0 | 13.4 | 14.0 |
2020m11 | 6.7 | 26.0 | 22.6 | 26.6 | 21.1 | 27.0 | 13.4 | 14.0 |
Source: USITC.
Note: Note: Figure displays effective and statutory tariff rates on U.S. imports from China, weighted using values of 2017 U.S. imports from China.
* Horizontal dashed line for the Phase One Deal marked about March 2020 applies to Wave 1 and Wave 4.
** Horizontal dashed line for the Start of Tariff marked about August 2018.
*** Horizontal dashed line for the Start of Tariff marked about August 2019.
Figure 3: Products Covered by Wave One Tariffs by Exclusion Request Status
Tarriff Rate (pct. points)
Date | Didn't Apply | Denied | Mixed Approval | Approved | ||||
---|---|---|---|---|---|---|---|---|
Effective Rate | Statutory Rate | Effective Rate | Statutory Rate | Effective Rate | Statutory Rate | Effective Rate | Statutory Rate | |
2017m8 | 0.7 | 0.7 | 1.2 | 1.2 | 0.9 | 0.9 | 1.6 | 1.6 |
2017m9 | 0.7 | 0.7 | 1.2 | 1.2 | 0.9 | 0.9 | 1.6 | 1.6 |
2017m10 | 0.7 | 0.7 | 1.2 | 1.2 | 0.9 | 0.9 | 1.6 | 1.6 |
2017m11 | 0.7 | 0.7 | 1.2 | 1.2 | 0.9 | 0.9 | 1.6 | 1.6 |
2017m12 | 0.7 | 0.7 | 1.2 | 1.2 | 0.9 | 0.9 | 1.6 | 1.6 |
2018m1 | 0.7 | 0.7 | 1.2 | 1.2 | 0.9 | 0.9 | 1.6 | 1.6 |
2018m2 | 0.7 | 0.7 | 1.2 | 1.2 | 0.9 | 0.9 | 1.6 | 1.6 |
2018m3 | 0.7 | 0.7 | 1.2 | 1.2 | 0.9 | 0.9 | 1.6 | 1.6 |
2018m4 | 0.7 | 0.7 | 1.2 | 1.2 | 0.9 | 0.9 | 1.6 | 1.6 |
2018m5 | 0.7 | 0.7 | 1.2 | 1.2 | 0.9 | 0.9 | 1.6 | 1.6 |
2018m6 | 0.7 | 0.7 | 1.2 | 1.2 | 0.9 | 0.9 | 1.6 | 1.6 |
2018m7 | 15.2 | 25.7 | 15.5 | 26.2 | 14.2 | 25.9 | 11.4 | 26.6 |
2018m8 | 22.1 | 25.7 | 23.4 | 26.2 | 21.3 | 25.9 | 16.0 | 26.6 |
2018m9 | 22.5 | 25.7 | 24.3 | 26.2 | 21.0 | 25.9 | 15.4 | 26.6 |
2018m10 | 22.1 | 25.7 | 24.2 | 26.2 | 20.9 | 25.9 | 14.8 | 26.6 |
2018m11 | 22.5 | 25.7 | 23.7 | 26.2 | 20.8 | 25.9 | 15.0 | 26.6 |
2018m12 | 21.5 | 25.7 | 24.8 | 26.2 | 20.5 | 25.9 | 15.1 | 26.6 |
2019m1 | 21.8 | 25.7 | 24.5 | 26.2 | 18.9 | 25.9 | 12.5 | 26.6 |
2019m2 | 21.8 | 25.7 | 23.6 | 26.2 | 18.2 | 25.9 | 12.2 | 26.6 |
2019m3 | 21.2 | 25.7 | 22.9 | 26.2 | 18.5 | 25.9 | 11.6 | 26.6 |
2019m4 | 21.9 | 25.7 | 22.6 | 26.2 | 18.1 | 25.9 | 10.9 | 26.6 |
2019m5 | 22.0 | 25.7 | 23.2 | 26.2 | 18.2 | 25.9 | 10.8 | 26.6 |
2019m6 | 21.8 | 25.7 | 22.8 | 26.2 | 17.9 | 25.9 | 10.7 | 26.6 |
2019m7 | 22.2 | 25.7 | 22.3 | 26.2 | 17.4 | 25.9 | 10.3 | 26.6 |
2019m8 | 22.2 | 25.7 | 22.6 | 26.2 | 16.9 | 25.9 | 9.9 | 26.6 |
2019m9 | 22.0 | 25.7 | 22.8 | 26.2 | 16.9 | 25.9 | 8.9 | 26.6 |
2019m10 | 21.4 | 25.7 | 22.8 | 26.2 | 15.7 | 25.9 | 9.1 | 26.6 |
2019m11 | 21.7 | 25.7 | 22.6 | 26.2 | 14.9 | 25.9 | 9.9 | 26.6 |
2019m12 | 21.8 | 25.7 | 22.3 | 26.2 | 14.7 | 25.9 | 8.9 | 26.6 |
2020m1 | 21.1 | 25.7 | 22.2 | 26.2 | 15.1 | 25.9 | 13.4 | 26.6 |
2020m2 | 20.4 | 25.7 | 21.6 | 26.2 | 14.4 | 25.9 | 14.7 | 26.6 |
2020m3 | 3.6 | 25.7 | 8.8 | 26.2 | 4.1 | 25.9 | 8.1 | 26.6 |
2020m4 | 4.3 | 25.7 | 8.9 | 26.2 | 4.0 | 25.9 | 8.2 | 26.6 |
2020m5 | 4.7 | 25.7 | 8.7 | 26.2 | 4.1 | 25.9 | 8.6 | 26.6 |
2020m6 | 4.9 | 25.7 | 9.0 | 26.2 | 4.2 | 25.9 | 8.4 | 26.6 |
2020m7 | 4.8 | 25.7 | 8.7 | 26.2 | 4.5 | 25.9 | 9.0 | 26.6 |
2020m8 | 4.5 | 25.7 | 8.8 | 26.2 | 4.6 | 25.9 | 9.5 | 26.6 |
2020m9 | 5.1 | 25.7 | 9.0 | 26.2 | 4.8 | 25.9 | 9.7 | 26.6 |
2020m10 | 4.1 | 25.7 | 8.6 | 26.2 | 5.3 | 25.9 | 10.0 | 26.6 |
2020m11 | 4.3 | 25.7 | 9.3 | 26.2 | 5.3 | 25.9 | 10.0 | 26.6 |
Source: USITC.
Note: Note: Figure displays effective and statutory tariff rates on U.S. imports from China, weighted using values of 2017 U.S. imports from China. Horizontal dashed line for the Start of Tariff at about August 2018 and Phase One Deal marked at about March 2020.