On December 13, 2019, the United States Trade Representative (USTR) announced a “Phase One” agreement with China that will cease the imposition of 15% tariffs on $160 billion worth of Chinese imports that were scheduled to be imposed on December 15. According to a statement published by USTR, the U.S. will maintain tariffs on approximately
Section 301 Tariffs
USTR Announces List 4 Exclusion Process for Section 301 Tariffs
The U.S. Trade Representative (USTR) will soon publish a federal register notice outlining the process for submitting Section 301 exclusion requests for List 4. The USTR noted that if an exclusion is granted, it will effective from the day the first tranche of List 4 tariffs (i.e. “Annex A”) came to effect (i.e. from September…
Trade Talks between U.S. and China to Resume on October 10.
Trade talks between the United States and China are set to resume on October 10, 2019 in Washington, D.C., in order to determine if the two countries can make a plan to lead them out of the current trade war. On Wednesday, September 25, 2019, President Trump said that a deal to end the nearly…
Trump Delays Oct 1st 5% Tariff Increase on $250 Billion in Chinese Goods (Lists 1-3)
As a “gesture of good will”, President Trump this week announced a two-week delay on the planned 5% increase in tariffs on $250 billion (Lists 1-3) of Chinese goods.
The tariffs on items included on Lists 1-3 were slated to increase from 25% to 30% on October 1st. The increase is now set for October…
China Exempts 16 Types of U.S. Products from Retaliatory Tariffs ahead of Trade Talks with U.S.
On September 11, 2019, China’s Ministry of Finance announced exemptions for sixteen (16) U.S. product lines from its retaliatory tariffs against the United States. These exemptions may be viewed as a gesture of good will from China and an attempt to de-escalate the tariff and trade war between the two countries that has been waging …
Comment Period Announced for Section 301 Tariff Increase to 30% on Lists 1-3 Worth $250 Billion
According to a Federal Register Notice published on September 3, 2019, the U.S. Trade Representative (USTR) proposes to increase additional duties from 25 percent to 30 percent on the products from China currently subject to Section 301 tariff actions first taken in June, August, and September 2018, with an aggregate annual trade value of…
USTR Ordered to Raise All Section 301 Tariffs by 5% Due to Chinese Retaliation
A statement on the Office of the U.S. Trade Representative’s (USTR) website announced the Trump administration will add 5% to all Section 301 tariffs. List 4 duties on goods worth $300 billion will now be 15%. These tariffs are scheduled to be implemented on September 1st and December 15th.
On October 1…
Fashion Industry Affected by USTR’s Proposed 10 Percent Ad Valorem Tariff on Imports from China
In June 2018, the Office of the United States Trade Representative (USTR) announced additional tariffs on products imported from China. The additional tariffs are part of the U.S.’ response to China’s unfair trade practices related to “the forced transfer of American technology and intellectual property” pursuant to Section 301 of the Trade Act of 1974.…
USTR Unveils List of Products Subject to the Proposed 10 Percent Tariff on Imports from China
On August 13, the United States Trade Representative (USTR) released two additional lists of products that will be subject to a 10 percent tariff on approximately $300 billion worth of imported Chinese goods, pursuant to Section 301 of the Trade Act of 1974. The first set of tariffs will go into effect on September 1,…
RECENT USTR SECTION 301 PRODUCT EXCLUSIONS
The Office of the United States Trade Representative (USTR) released three distinct batches of product exclusion requests from its Section 301 tariffs during July and early-August.
- On July 9, USTR published their sixth batch of List 1 ($34 billion trade action) exclusions in the Federal Register. The exclusions applied to 110 specific product descriptions and
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