USTR to Review Section 301 Tariffs on Chinese Goods
The Office of the U.S. Trade Representative this week began the process of reviewing Section 301 tariffs, which is required every four years by law, on more than $370 billion of Chinese goods. Section 301 of the Trade Act of 1974 allows USTR to enforce U.S. rights under trade agreements and address unfair foreign barriers to U.S. exports.
Following an investigation, the Trump administration imposed 25% tariffs on imports from China over the country’s forced technology transfer requirements and efforts to acquire U.S. intellectual property and trade secrets. In response, China put a 25% duty on U.S. products, including pork...