Glas wrote: “Imported merchandise from China that enters under a Section 321 waiver is exempt from all normal tariffs and any penalty duties assessed under the current 301 case. This unreasonable and unnecessary duty exemption severely undermines the purpose and value of the existing Section 301 determination against China as an effort to address its longstanding predatory trade practices.” The NCTO president felt that the Biden administration should undertake an exhaustive review of this problem to develop the policy changes needed to mitigate the damaging impact of Section 321 waivers on US workers and manufacturers. He urged the OMB and CBP to take reasonable steps, such as denying Section 321 benefits to goods covered under the existing China 301 determination [tariffs]. This would be a valuable first step toward limiting the dangerous and growing exploitation of this tariff waiver mechanism, he said.
Fibre2Fashion News Desk (SG)
| On 28th Oct 2021
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