On September 13, 2024, the U.S. Trade Representative (USTR) announced that it has finalized the modifications to the Section 301 trade actions following the completion of its four-year statutory review in May 2024. As described in a prior post, on May 22, 2024 USTR released a draft list of imported goods for which it
U.S. Trade Representative
U.S. Trade Representative Releases Section 301 Review, Announces Increases in Section 301 Duties for Select Products, and Indicates that Existing Exclusions are Scheduled to Expire on May 31
Posted in International Trade & Supply Chain, Trade Policy
As previewed over the course of the last month, the Biden Administration has announced that intends to increase Section 301 tariff rates for a host of products, including critical minerals used in battery production, and solar cells and modules. Today’s announcement comes in the context of the U.S. Trade Representative completing its four-year review of…