Tariff Schedule Changes Recommended for Wood and Wood Products
The International Trade Commission has recommended to the president modifications to the Harmonized Tariff Schedule of the U.S. necessary to implement further amendments to the nomenclature of heading 4401 and certain subheadings of Chapter 44 that were inadvertently omitted from the World Customs Organization’s June 2014 recommendation. These amendments, which will enter into force Jan. 1, 2018, introduce within headings 4401, 4403, 4406, 4407 and 4412 new subdivisions for coniferous and non-coniferous wood and new subheadings for certain wood of pine, fir, spruce, beech, birch, poplar, aspect and eucalyptus. The ITC states that the recommended HTSUS modifications would not change the applicable duty rates.
Following a 60-day layover period before Congress the president will be authorized to proclaim the recommended HTSUS modifications.