Section 301 Tariff Changes

Katherine Tai 
Source:  U.S. Department of State from United States, Public domain, via Wikimedia Commons

The United States Trade Representative, Katherine Tai, has announced a formal proposal to modify tariff actions as part of the Section 301 investigation into China's trade practices regarding technology transfer and intellectual property. Tai emphasized the commitment to combat China's unfair trade practices by implementing substantial tariff increases on targeted strategic products, following President Biden's directive. A recent report highlighted China's persistence in technology transfer-related practices, including aggressive cyber intrusions, prompting Tai to recommend actions to President Biden. Consequently, on May 14, 2024, President Biden instructed Tai to take several measures. These include issuing a proposal to increase tariffs on specific products in strategic sectors, establishing an exclusion process for machinery, and suggesting temporary exclusions for 19 tariff lines for solar manufacturing equipment. The notice establishes a 30-day period for public comment on these modifications.

To view the full proposed notice, visit:  USTR.gov