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USTR to extend tariff exclusions on Chinese imports

30
Oct '19
Pic: Shutterstock
Pic: Shutterstock
The United States Trade Representative (USTR) will commence on November 1, 2019 a process for considering extending for up to twelve months certain exclusions from additional tariffs on Chinese imports that were granted last December and are set to expire on December 28, 2019. The USTR had imposed additional duties on Chinese goods, effective July 6, 2018.
 
The additional duties on goods of China with an annual trade value of approximately $34 billion were imposed as part of the action in the Section 301 investigation of China’s acts, policies, and practices related to technology transfer, intellectual property, and innovation.
 
In a Federal Register notice to be published this week, USTR will provide details on the process for submitting comments favouring or opposing specified tariff exclusions.  The period for submitting comments will run from November 1, 2019 to November 30, 2019, the USTR said. 
 

Fibre2Fashion News Desk (RKS)


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