President Biden Announces Changes to 2022 U.S. Tariffs, AGOA, and FTAs

President Biden issued a Proclamation implementing various changes to the Harmonized Tariff Schedule of the U.S. which are identified in detail in the U.S. International Trade Commission’s Publication 5240.These changes will affect importers bringing products into the U.S., as the tariff numbers used on imports, and possibly even the duties they pay, may change.

Effective January 1st, 2022, the President terminated Ethiopia, Guinea, and Mali, as designated beneficiary sub-Saharan African countries under the African Growth and Opportunity Act (AGOA).

The proclamation contains the long awaited 2022 World Customs Organization (WCO) changes, which will take effect in the U.S on January 27th, 2022.  This includes the many changes identified in on our 2022 Harmonized Tariff Schedule webpage. 

Conforming modifications were made to align the new WCO changes to both Free Trade Agreements (FTAs) and Section 301 affected tariffs, to continue duty treatment.

The Proclamation also included staged reductions under various FTAs, including the Dominican Republic-Central America Free Trade Agreement (CAFTA-DR); the Peru Trade Promotion Agreement (PETPA); the Korea Free Trade Agreement (KORUS); the Colombia Trade Promotion Agreement (COTPA); the Panama Trade Promotion Agreement (PATPA); and the U.S.-Mexico-Canada (USMCA).

Certain agricultural products of Israel with continue to receive duty-free treatment under the Israel Free Trade Agreement (ILFTA) through 2022.

Technical corrections were made for certain goods under the Singapore Free Trade Agreement (SGFTA) and the COTPA.

All modifications, other than the AGOA terminations, are effective January 27th, 2022.

If you have any questions regarding tariff changes in the U.S., please contact your Livingston account manager.