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ARTICLE · 20 MAY 2024

USTR Releases Sec. 301 Report And Recs

Michael Best
Explore more from Michael Best

Today, the office of the US Trade Representative (USTR) released the results of its Sec. 301tariff statutory review, detailing ongoing practices by China, including cyber-attacks...

United StatesInternational Law
David A. Crass
David A. Crass

Today, the office of the US Trade Representative (USTR) released the results of its Sec. 301tariff statutory review, detailing ongoing practices by China, including cyber-attacks and technology transfer and IP theft, that harm US and global economies. The report (linked below) is worth a read in terms of understanding the scope of technology transfer undertaken (and ongoing) by the Chinese government. Additionally, the long-awaited report details recommended tariff adjustments to take effect 2024-26 on various sectors including EVs, EV batteries, critical minerals, semiconductors, steel and aluminum and medical supplies, to name a few. The report also contains information on a recommended exclusion process for certain machinery used in domestic manufacturing. Stay tuned for a Federal Register notice for the opportunity to comment on the recommendations. For more information, reach out and I will connect you with a member of our Michael Best Trade Team.

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