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ARTICLE · 24 MAY 2024

USTR Concludes Its Section 301 'Necessity Review' And Increases Tariffs In Key Sectors

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Last Tuesday, USTR announced the results of its Section 301 "necessity review."

United StatesInternational Law

Key Points

  • Last Tuesday, USTR announced the results of its Section 301 "necessity review." Today, USTR followed up with a Federal Register notice providing details on the further proposed modifications to the Section 301 tariffs.
  • In a 193-page Report accompanying its announcement, USTR argued that China's continued acts, policies and practices related to technology transfer, intellectual property and innovation warrant the continuation and modification of the Section 301 tariffs.
  • USTR has not yet indicated how it will treat the remaining product-specific exclusions, which will otherwise expire on May 31, 2024. However, USTR will create a new exclusion process that will be limited solely to certain machinery required for United States domestic manufacturing.

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