Starting Nov. 15 you’ll have your chance to give feedback on the effectiveness of the Section 301 tariffs on Chinese imports that were introduced by the U.S. government in 2017.
The Section 301 tariffs were introduced after the Office of the United States Trade Representative (USTR) concluded that the amount of Chinese goods being imported into the U.S. was too high compared to the amount of American goods being exported to China. The U.S. government attempted to reconcile that trade deficit by introducing tariffs as high as 25% on certain materials and products imported from China. (Read more here.)
The USTR is now reviewing the action and wants to hear from importers and others on:
- how effective the tariffs were in achieving the objectives of the investigation
- other actions that could be taken
- the effects of such actions on the U.S. economy, including U.S. small businesses and consumers
- the effects of such actions on the U.S. supply chain – in particular, the goals of U.S. critical supply chains outlined in Executive Order 14017 and in subsequent reports and findings
- the effects of such actions on domestic manufacturing, U.S. technology, and U.S. workers in terms of employment and wages
- whether the actions have resulted in higher additional duties on inputs used for additional manufacturing in the United States than the additional duties on particular downstream product(s) or finished good(s) incorporating those inputs.
You can read the USTR’s full notice here.
If you would like to submit your comments, you can do so through the online portal. The portal will open for submissions on Nov. 15, 2022, and will close on Jan. 17, 2023 at 11:59 p.m. EST.
If you’re an importer who is affected by the 301 tariffs you could be eligible for a refund. Learn more.
To stay informed on import and shipping challenges and other important updates, stay connected with a customs broker.