Import tariffs on us waste may be cancelled

2022-08-16
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Significant benefits! Us waste import tariffs may be cancelled

release date: Source: China good packaging, Longkun media

on February 18, the Tariff Commission of the State Council announced that it would carry out the elimination of market-based procurement of goods subject to additional tariffs on the United States. According to the application of relevant domestic enterprises in China, imported goods that meet the conditions and are purchased from the United States according to the principles of marketization and commercialization will not be subject to additional anti US 301 measures within a certain period of time

as can be seen from the annex of the announcement, the list of products that can be applied for exclusion includes some paper and paperboard products, as well as all waste paper categories. Does this mean that after the domestic waste paper using enterprises apply for filling in the relevant information, once they are reviewed and approved by the Tariff Commission, the tariffs on the import of American waste can be cancelled at least for a certain period of time in the future

carry out the market-based procurement exclusion of goods subject to tariffs imposed on the United States

the announcement shows that Chinese domestic enterprises that intend to sign a contract to purchase and import relevant goods from the United States can be the application subject, and submit the market-based procurement exclusion application according to the published list of goods that can be applied for exclusion and their own needs through the exclusion declaration system (the address of the tariff policy research center of the Ministry of Finance) as required

the exclusion declaration system will accept applications from March 2, 2020. The Tariff Commission of the State Council will organize the review of valid applications one by one according to the information filled in and in combination with the first and second batch of applications for the exclusion of goods subject to additional tariff imposed by the United States, and notify the applicant of the result of the exclusion application in a timely manner through the exclusion declaration system and other means. The details are as follows:

the screenshot above is completely taken from the announcement issued by the Tariff Commission of the State Council. It can be seen from this that the goods purchased by enterprises and listed in the exclusible list have the opportunity to be cancelled the tariffs that have been added. Then, which products are included in the list of products that can be excluded? What is the impact on the paper packaging industry chain

all waste paper categories are in the list of commodities that can be applied for exclusion

the author reviewed the list of commodities that can be applied for exclusion and found that a total of 696 commodities were involved, including soybeans, crude oil, wood and other U.S. agricultural products, energy products, etc. Among them, the products that the author pays most attention to are closely related to the upstream and downstream enterprises of the paper packaging industry chain - wood pulp, waste paper, paper and paperboard

in the list, the commodities listed in the tariff code as and are respectively solution grade chemical wood pulp, semi bleached or bleached softwood alkaline wood pulp or sulfate wood pulp except solution grade. In September, 2018, China imposed a 5% tariff on wood pulp products imported from the United States. If wood pulp products are successfully excluded, this tariff may be cancelled

the goods listed in the tariff code as,,, are paper and paperboard products. According to the relevant description, the three tariff number columns should provide the basis for all systems of the air force by material science, corresponding to carton paper, coated paper and whiteboard. Previously, the tariff rate of these products was 5%. If the elimination is successful, the import cost of base paper for paper traders and qualified secondary factories can be reduced

what the author pays most attention to is waste paper products. From August 23, 2018, American waste will be subject to an additional tariff of 25%. In 2019, the total amount of domestic imported waste paper was 10.36 million tons, of which American waste accounted for more than 40%. This application excludes the appearance of the commodity in the digital micro Vickers hardness tester list of Qingji Nanxin period gold testing instrument Co., Ltd., which is undoubtedly good news for the paper mill, because all waste paper categories are among them:

: unbleached cow leather Corrugated paper or paperboard scrap lasts for 3 days

: non body dyed paper and paperboard scrap made of bleached chemical wood pulp

: scrap of paper or paperboard made of mechanical wood pulp

: other recycled paper or paperboard

based on the above news, the customs duty on the import of American waste by enterprises is expected to be reduced by 47.81% year-on-year; Except for the exchange loss of 198 million yuan, the net profit attributable to the parent company was 2.458 billion yuan. However, the Ministry of ecological environment also stressed that it would strive to basically achieve zero import of solid waste by the end of 2020 and fully complete various reform tasks. So, is there a contradiction between the two

the author believes that beauty waste itself has commodity properties, and the paper mill purchases it to produce base paper. In the list, products including waste products are called commodities, so it is difficult to say that beauty waste must be "foreign garbage"

therefore, for many domestic paper mills with high waste paper costs, it is undoubtedly great good news that American waste is included in the list of commodities that can be excluded

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