Proc 9384ProclamationObama · D

Proclamation 9384

To Modify the Harmonized Tariff Schedule of the United States

In simple terms

President Obama issued a proclamation modifying the Harmonized Tariff Schedule to reduce U.S. applied tariff rates to 5 percent on certain environmental goods, fulfilling a 2012 APEC commitment. The tariff reductions take effect December 31, 2015 for goods entered or withdrawn from warehouse for consumption.

Record & deadlines

  1. Signed

    Signed by the President

  2. FR published

    Published in the Federal Register · 80 FR 81155

  3. HTS modifications effective for goods entered or withdrawn from warehouse for consumption

Key directives

  • Modify HTS to reduce applied tariff rates on specified environmental goods to 5 percent
  • Apply modifications to goods entered or withdrawn from warehouse for consumption on or after December 31, 2015

What to expect

Immediate

  • Proclamation issued December 23, 2015

Near term (90d)

  • Tariff modifications effective December 31, 2015 for covered environmental goods

Long term

  • Ongoing application of reduced tariff rates on covered APEC environmental goods

Risks & tensions

  • Limited to environmental goods in Annex C of 2012 APEC Leaders' Declaration; scope unclear without Annex
  • Tariff reduction floor of 50% of June 29, 2015 rate not triggered here since original rates already at or near 5% target
Proclamation 9384: To Modify the Harmonized Tariff Schedule of the United States · Executive Orders