China Devalues Its Currency, Halts Purchases of U.S. Agricultural Products, and Threatens Additional Tariffs on U.S. Goods
Yesterday, China’s Ministry of Commerce suspended purchases of U.S. agricultural products, lowered the value of its currency and indicated that it may impose import tariffs on U.S. agricultural products. China’s escalation of the trade conflict with the United States is in response to the Trump Administration’s announcement last week that 10% tariffs would be imposed […]
Expected Increase in Section 301 Tariffs on List 3 Goods from China under Section 301 Will Be Delayed
Over the weekend, President Trump announced via Twitter that the anticipated increase in the Section 301 Tariffs on the List 3 Goods imported into the United States from China will be delayed given the progress being made in the Administration’s ongoing negotiations with China on intellectual property protection, forced technology transfers, agriculture, services, and currency […]
USTR Ordered to Roll Out a Product Exclusion Request Process for List 3 Goods Subject to Section 301 Tariffs against China
The spending package signed by President Trump on February 15, 2019, directs the Office of the U.S. Trade Representative (“USTR”) to roll out a formal product exclusion request process by March 17, 2019 for the List 3 Chinese-origin goods that are subject to Section 301 tariffs. The USTR previously stated that it would not implement […]
Upcoming Online Webinar: “Important Tariffs and Import Fees Updates” (February 28, 2019)
Miller Proctor Law PLLC, will be giving a live webinar on “Important Tariffs and Import Fees Updates” on behalf of Lorman Education Services. DATE: Thursday, February 29, 2019 at 1pm ET. TOPIC: Gain an in-depth understanding of the tariff system and its impact on importers. Many companies import various products without understanding what duties are, […]
Trump-Xi Jinping Working Dinner at the G-20 Summit Leads to Significant Developments Involving the Section 301 Tariffs and Other Key Trade Issues Involving China
The Trump Administration announced a significant development in the imposition of Section 301 tariffs on more than $200 billion worth of Chinese-origin goods imported into the United States, as well as proposed new trade and the stemming of the flow of Fentanyl into the United States from China. Affected companies should continue monitoring the situation […]
The Game of Chicken Continues – Latest Developments in the Section 301 Tariffs & China
[September 24, 2018] On September 24th, the third set of tariffs imposed against certain Chinese-origin goods valued at $200 billion went into effect. By way of background, the United States has imposed a series of increased tariffs under Section 301 of the Trade Act of 1974 as the result of an investigation into China’s practice […]
USTR Publishes Specific Exclusion Request Process for the List 2 Tariffs against China
[September 18, 2018] Earlier today, the USTR published a Notice and Request for Comments in the Federal Register with respect to the product specific exclusion request process for the Section 301 tariffs that went into effect on August 23, 2018. Interested persons may submit exclusion requests to the USTR until December 18, 2018. Per the […]
List 3 Tariffs under Section 301 Action against China Slated to Take Effect on September 24th
On September 17th, the USTR issued the final list of items that will be subject to the new set of tariffs to be imposed under the Section 301 action against China. On the same day, the President issued a statement that the new tariffs will go into effect on September 24, 2018. List 3 covers […]
More Developments in the Section 232 and Section 301 Tariff Fronts
Earlier this year, the U.S. imposed tariffs on certain steel and aluminum products imported into the United States from all countries for national security reasons in response to an investigation conducted by the Commerce Department’s Bureau of Industry and Security (“BIS”) under Section 232 of the Trade Expansion Act of 1962—Section 232 gives the Executive […]
Who Will Blink—U.S. or China? U.S. Proposes to Retaliate against China’s Retaliatory Measures
The U.S. appears to be moving deeper into its trade dispute with China. Late in the day on July 11th, the U.S. Trade Representative (USTR) announced that the United States may impose additional 10% ad valorem duties on an entirely new list of Chinese-origin goods valued at $200 billion. The new list covers certain Chinese […]