The United States International Trade Commission (“ITC”) has announced the commencement of its retrospective investigation on the economic impact on the U.S. industries most affected by the Section 232 and 301 tariffs that were active as of March 15, 2022. NOTE: This investigation is in addition to a separate from the United States Trade Representative’s (“USTR”) review with regard to the continuation of the 301 tariffs which was commenced on May 7, 2022. See our notice on the USTR review HERE. Under legislation passed in March 2022, the ITC was directed separately to investigate the economic impact of these trade actions and provide a report to Congress by March 23, 2023. The notice sets the following deadlines for participation:
• July 6, 2022: Filing of requests to appear at the public hearing.
• July 8, 2022: Filing of prehearing briefs and statements.
• July 14, 2022: Filing electronic copies of oral hearing statements.
• July 21, 2022: Public hearing.
• August 12, 2022: Filing of post-hearing briefs and statements.
• August 24, 2022: Filing all other written submissions.
• March 15, 2023: Transmittal of Commission report to House and Senate Committees on Appropriations
The 232 Steel and Aluminum duties, which are currently 25% and 10% respectively, were first imposed on June 1, 2018. The China 301 duties, which range from 7.5% to 25%, were first imposed on July 6, 2018. The investigation will examine the economic effect of these duties through March 15, 2022.
If you are interested in participating, or have any questions in connection with this matter, please do not hesitate to contact David M. Murphy or any GDLSK attorney.