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Home > News > Pharma News > The United States plans to exempt more medical product tariffs, spices or listed

The United States plans to exempt more medical product tariffs, spices or listed

ECHEMI 2020-05-07

The Fragrance Creators Association of the United States urged the US Trade Representative Office to extend the tariff reduction for imported spices in China, and believes that daily fragrances play a major role in combating the production of novel coronavirus products.

 
In 2018 and 2019, as the Sino-US trade war worsened, many fragrance raw materials and essential oils from China were imposed tariffs by the United States, and some products were taxed as high as 30%.

 
Not long ago, Hans Holger Gliewe, chairman of the International Daily Flavors Association (IFRA) pointed out that 10% -15% of fragrance raw materials used in the production of daily fragrances in the United States come from China. In some companies, this figure is as high as 25%.

 
In a document submitted to the country ’s Trade Representative Office, the American Daily Chemicals Creators Association stated that daily chemical chemicals are a key component of products that reduce the spread of new coronavirus, including cleaning, disinfection, sterilization, deodorization, and maintaining personal hygiene product.

 
The association requires the removal of tariffs on a variety of fragrance raw materials, including essential oils, essential oil concentrates, fruit and plant resinous substances, specific aromatic compounds, a variety of other oils, organic and inorganic compounds, and hydrocarbons.

 
On March 4 this year, the US Trade Representative Office has canceled the designated tariffs on personal protective equipment and medical products to combat the new crown epidemic. This move allows 200 products to be exempted from customs duties. The agency later issued a circular asking all sectors to comment on the exemption of tariffs on more medical products. Although the deadline for comments is June 25, the agency will review the tariff reduction requests received on a first-come-first-served basis.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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