USTR to Reinstate Certain Exclusions from China Section 301 Tariff
USTR to Reinstate Certain Exclusions from China Section 301 Tariff
352 of the 549 eligible exclusions in the China Section 301 Investigation are to be reinstated, according to the determination made by the Office of the United States Trade Representative (USTR).
According to ustr.gov, the reinstated product exclusions will apply as of October 12, 2022, and extend through December 31, 2022.
The reinstated exclusions are set out in the Federal Register notice, which can be viewed here.
On October 8, 2021, USTR invited comments on whether to reinstate 549 previously granted and extended exclusions.
The determination was made after careful consideration of the public comments, and in consultation with other U.S. agencies.
Back in September 2019, RT invited Washington DC-based attorney Merritt Blakeslee to share his insights on Trump’s Tariffs on Imaging consumables.
“The Section 301 tariffs impose a significant economic penalty on U.S. consumers and industrial customers who purchase imported Chinese goods and an additional penalty on U.S. producers and exporters whose sales to China have been curtailed by the retaliatory tariffs that China has imposed,” said Blakeslee.
“The U.S. believes that it can win a trade war of attrition because its economy is stronger than China’s. China believes it must defend its trade policies and its increasing stature in the international trade economy and in geopolitics. While the trade war plays out, consumers and producers in both countries are suffering,” Blakeslee added.
Related:
- The Trump Tariffs on Imaging Consumables
- China Risks Losing Preferential Tariff Treatment
- China Suspends Tariffs on Some US Goods
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