14.6 C
Wednesday, May 22, 2024
Home News China 301 – List 3 Now A Reality

China 301 – List 3 Now A Reality

Late on July 10, 2018, U.S. Trade Representative Lighthizer released a list of the next Chinese-made products targeted for additional duties, this time at a 10% rate and worth about $200 billion.  The statement in support of this action can be found here: USTR Statement Supporting China 301 List 3; and the list of affected products here: China 301 List 3 Products. As before, the list of products is released in Federal Register pre-publication format.

The dates to keep in mind are as follows:

July 27, 2018:  Due date for filing requests to appear and a summary of expected testimony at the public hearing, and for filing pre-hearing submissions;

August 17, 2018:  Due date for submission of written comments;

August 20 – 23, 2018:   Public hearing;

August 30, 2018:  Due date for submission of post-hearing rebuttal comments.

This new List 3 bears Docket No. USTR-2018-0026.  If you are considering filing comments, keep in mind USTR wants to hear about “whether imposing increased duties on a particular product would be practicable or effective to obtain elimination of China’s acts, policies, and practices, and whether maintaining or imposing additional duties on a particular product would cause disproportionate economic harm to U.S. interests, including small- or medium-sized businesses and consumers.”

USTR has also published the form to be used by companies seeking exclusion from the China 301 List 1 tariffs, see China 301 Exclusion Request Form. At this point, the objection and reply forms have not been published. Companies considering seeking an exclusion will want to consider the same factors which have been material throughout these proceedings:

1) Can the product be sourced only in China;

2) If other sourcing is available, is there sufficient production;

3) Any exclusion request will have to be based on more than there being a price difference;

4) Is there a national security consideration; and

5) Any other pertinent factors.

The post China 301 – List 3 Now A Reality appeared first on Canada-U.S. Blog.

Latest Posts

Ras al-Khair SEZ spurs innovation and investment to establish major maritime hub

Aiming to become a hub for technology and innovation, the Ras al-Khair Special Economic Zone is expected to make significant contributions to the Saudi...

Red Sea bounce gives carriers bottom line boost

Container shipping, it appears, loves a crisis. With the pandemic supercharging carrier incomes, the latest dip has been abruptly halted by the Red Sea...

Visayas Container Terminal welcomes inaugural CPX6 service call

Visayas Container Terminal (VCT), a business unit of International Container Terminal Services, Inc. (ICTSI) at the Port of Iloilo in Panay, Philippines, welcomed the...

Stolt-Nielsen to pay MSC US$290 million to settle MSC Flaminia claim

Norwegian chemical shipping group Stolt-Nielsen will pay US$290 million to MSC to settle claims resulting from the fatal explosion that claimed the lives of...

Box lines’ first-quarter margins the best since 2010, bar Covid-boom

Liner operators' operating margins for 1Q 2024 have reached the highest since 2010, excluding the period during the Covid-induced boom, according to Alphaliner’s report. Average...