Daily News

USTR notifies industry of possible termination of Section 301 tariffs

May 3, 2022 at 10:29 AM
The Office of the U.S. Trade Representative this week will notify U.S. companies of the possible termination of Section 301 tariffs on $370 billion worth of Chinese goods, beginning a formal review process that could lead to continuation, modification or end to the tariffs, according to a Federal Register notice. The Trump administration imposed the tariffs on Chinese goods under Section 301 of the Trade Act of 1974. The first wave of tariffs was applied on July 6, 2018. The...

Not a subscriber? Sign up for 30 days free access to exclusive, behind-the-scenes reporting on the trade relations with China and the changes being made by the Biden administration.