Dear Valued Customer,
After the required four-year review of the Section 301 Trade Tariffs from China, United States Trade Representative (USTR) announced their recommendation that Section 301 tariffs should remain and proposed increases in tariffs on a variety of products “to encourage the elimination of the People’s Republic of China’s unfair technology transfer-related policies and practices that continue to burden U.S. commerce and harm American workers and businesses,” said Ambassador Katherine Tai.
In the report of the four-year review of the China tariffs, Ambassador Tai will propose the following modifications in strategic sectors:
Battery parts (non-lithium-ion batteries) Increase rate to 25% in 2024
Electric vehicles Increase rate to 100% in 2024
Facemasks Increase rate to 25% in 2024
Lithium-ion electrical vehicle batteries Increase rate to 25% in 2024
Lithium-ion non-electrical vehicle batteries Increase rate to 25% in 2026
Medical gloves Increase rate to 25% in 2026
Natural graphite Increase rate to 25% in 2026
Other critical minerals Increase rate to 25% in 2024
Permanent magnets Increase rate to 25% in 2026
Semiconductors Increase rate to 50% in 2025
Ship to shore cranes Increase rate to 25% in 2024
Solar cells (whether or not assembled into modules) Increase rate to 50% in 2024
Steel and aluminum products Increase rate to 25% in 2024
Syringes and needles Increase rate to 50% in 2024
The report also makes recommendations for establishing an exclusion process, allocating additional funds for enforcement, greater collaboration between the public and private sectors to combat state-sponsored technology theft, and support for further diversification within supply chains.
The USTR will issue a Federal Register notice next week announcing the opening of a comment period on the proposed modifications and the exclusion process. Once the comment period is closed and the review is completed, the USTR will announce the final decision on Section 301 tariffs.
Thank you for being a Valued Customer. If you have any questions, please do not hesitate to contact your C.H. Robinson commercial representative for further information.
Sincerely,
C.H. Robinson