The trade spat between the U.S. and China is escalating, with the Trump administration now looking to quadruple the value of Chinese products affected by American tariffs.
Last week, we wrote about the U.S. beginning to collect tariffs on more than 800 items imported from China. China quickly countered by imposing increased duties on products it imports from the U.S.
On July 10, the Trump administration responded. The Office of the U.S. Trade Representative (USTR) announced its intention to impose a 10 percent ad valorem tariff on another group of Chinese products. The products on the proposed list reach $200 billion – four times the amount previously under consideration.
The new list of affected items can be found here. It includes a wide range of products, from frozen meat to high-definition TVs. We encourage companies to consult the list and evaluate how it impacts their international supply chain.
The USTR has set the following schedule for the filing of comments on products to be included on any final list:
- July 27, 2018: Due date for filing requests to appear and a summary of expected testimony at the public hearing, and for filing pre-hearing submissions.
- August 17, 2018: Due date for submission of written comments.
- August 20-23, 2018: The Section 301 Committee will convene a public hearing in the main hearing room of the U.S. International Trade Commission in Washington, D.C.
- August 30, 2018: Due date for submission of post-hearing rebuttal comments.
For more information, please contact us or your regular Parker Poe contact.