On February 7, 2022, the USTR announced a deal to partially rollback the Section 232 tariffs on steel from Japan through the use of a tariff rate quota (“TRQ”). The TRQ will be set to allow for the importation of historically-based volumes of Japan steel products without the assessment of Section 232 tariffs. Highlights of […]
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USTR ANNOUNCES THE EXTENSION OF CERTAIN EXPIRING CHINA SECTION 301 LIST 1 AND LIST 2 EXCLUSIONS
On October 2, 2020, the Office of the United States Trade Representative (“USTR”) announced extensions for certain expiring exclusions from the China 301 List 1 (the $34 billion trade action) and List 2 tariffs (the $16 billion trade action). To date, ten sets of exclusions have been issued in connection with List 1. The eighth […]
USTR ANNOUNCES THE EXTENSION OF CERTAIN EXPIRING CHINA SECTION 301 LIST 3 EXCLUSIONS
On August 6, 2020, the Office of the United States Trade Representative (“USTR”) announced extensions for certain exclusions from the China 301 List 3 tariffs (the $200 billion trade action) set to expire of August 7, 2020. The extensions will run through December 31, 2020. Unless extended under the current action or prior actions, exclusions […]