USTR Seeks Comment by Sept. 20 on Proposed Oct. 1 Tariff Hike to 30%
Comments are due Sept. 20 on the Trump administration’s proposal to hike the first three rounds of Section 301 tariffs on Chinese goods to 30 percent, from 25 percent, effective Oct. 1, says an Office of the U.S. Trade Representative…
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notice Thursday for Tuesday's Federal Register. President Donald Trump tweeted last week he would hike the tariffs after China said it will impose retaliatory duties on $75 billion in U.S. goods (see 1908230006). The notice doesn't mention a public hearing on the proposed hike, and was the first time in the various tariff notice and comment periods that a specific effective date was mentioned. The three lists of tariff subheadings are unchanged from those already in effect, it says. The tariff increases won’t affect any exclusions already granted, it says. USTR wants comments to “address specifically” whether increasing the tariffs to 30 percent “would be practicable or effective to obtain the elimination” of China's allegedly unfair trade practices, it says. It also wants to know if hiking the tariffs “would cause disproportionate economic harm to U.S. interests, including small- or medium-sized businesses and consumers,” it says.