Proc 9384ProclamationObama · D

Proclamation 9384

To Modify the Harmonized Tariff Schedule of the United States

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 The tariff reductions take effect December 31, 2015 for goods entered or withdrawn from warehouse for consumption.

Impact dates

  1. HTS modifications effective for goods entered or withdrawn from warehouse for consumption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  • Apply modifications to goods entered or withdrawn from warehouse for consumption on or after December 31, 2015

Timeline

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