FOR IMMEDIATE RELEASE:
Roofing Nail Tariff Update
September 18, 2018
Dear Valued Customer;
“The Section 301 Tariff is being implemented at the rate of 10% effective with entries passing through customs as of September 24th, 2018. The additional 15% is being deferred until January 1st, 2019.”
It is our ongoing goal to keep our customers informed of changes regarding the nail market and our industry and any actions or activities that may impact your business both in the short and longer term. On Monday, the Office of the United States Trade Representative released, as part of the United States’ continuing response to China’s theft of American intellectual property and forced transfer of American technology, a list of approximately $200 billion worth of Chinese imports that will be subject to additional tariffs as noted earlier this summer. Click here for a link to White House statement.