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Gloves Sector Flash Update ?(UOBKH)

USTR Raised China Surgical Gloves Tariffs to 50-100%☄️

? In a 105-pages official announcement just released?, the Office of the United States Trade Representative (USTR) announced final modifications on the statutory review of earlier tariff actions on China.

? This is an update from earlier proposed modifications announced in May 2024.

? Key updates are on?: new timing and tariffs rates on face masks, medical gloves, needles, and syringes. Also includes: i) a proposal regarding coverage of additional tungsten, wafers, and polysilicon tariff lines; ii) an exclusion for ship-to-shore cranes ordered prior to May 2024; iii) an expansion of the scope of the machinery exclusions process; iv) and modification of the coverage of proposed exclusions for solar manufacturing equipment.

? To recall back in May, US increases higher tariff of 25% (from current 7.5%)?? on China’s rubber medical and surgical gloves’ exports beginning 2026.

? The tariffs on China medical gloves are now raised ? to 50% in 2025, and 100% in 2026. Refer to page 18-19 of the ? under medical gloves segment, “_The U.S. Trade Representative has determined to increase the rate of additional duties on medical gloves to 50 percent in 2025 and to 100 percent in 2026._”
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