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ARTICLE · 20 MAY 2024

Section 301 Tariffs Increase For Strategic Sectors After USTR Review

Cassidy Levy Kent LLP
Cassidy Levy Kent LLP
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Cassidy Levy Kent LLP

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Yesterday the United States Trade Representative (USTR) released the report of its Four-Year Review of Actions Taken in the Section 301 Investigation to counteract acts and policies...

GlobalInternational Law

Yesterday the United States Trade Representative (USTR) released the report of its Four-Year Review of Actions Taken in the Section 301 Investigation to counteract acts and policies of the People's Republic of China (China) concerning intellectual property.

USTR's report summarizes its findings concerning:

  • the effectiveness of the Section 301 tariffs first imposed by former President Trump in curtailing China's technology transfer-related activities, policies, and practices;
  • the impacts of these measures on the American economy; and
  • USTR's recommendations for modifications, including proposed upward tariff adjustments and specific product exclusions.

In short, the Biden Administration concluded that the Section 301 tariffs should remain in place and be substantially increased for certain strategic sectors including steel, solar, batteries, electric vehicles (EVs), and medical equipment. The report also recommends the creation of a limited exclusion

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