As companies work to move assembly out of China so that the goods they export to the U.S. won't be hit with Section 301 tariffs, they have to grapple with the fact that CBP may still consider a good made in Mexico, Malaysia, Vietnam or elsewhere to be a product of China if enough of its innards were made in China.
Although utilities that are installing wind and solar operations and wind turbine manufacturers would like antidumping duty and countervailing duty laws to change to take public interest into account, panelists at Georgetown Law's International Trade Update acknowledged it will probably never happen.
“No one will win” in a China-U.S. tariff war, said a Chinese Foreign Affairs Ministry spokesperson Tuesday, responding to U.S. Trade Representative Katherine Tai’s comments that the Biden administration needs to be “strategic” in deciding whether to lift the Section 301 duties on Chinese imports. “Against the backdrop of high inflation, the removal of tariffs on China by the U.S. serves the fundamental interests of American consumers and businesses,” said the spokesperson. “It will be good for the U.S., China and the world at large.” The U.S. needs to keep “our eye on the ball in terms of how to effectively realign the U.S.-China trade and economic relationship,” Tai told Bloomberg News Monday. “I know there’s a lot of talk around tariffs right now” amid “global economic dynamics,” exacerbated by the “impacts of Russia’s invasion of Ukraine,” said Tai. “All options are on the table in terms of how we address our short-term economic needs.”
Greta Peisch, general counsel at the Office of the U.S. Trade Representative, said that the USTR will spell out in an upcoming Federal Register notice what opponents to Section 301 tariffs should address as they critique the effectiveness of the tariffs on the vast majority of imports from China, and what information the office would find useful as they undertake the review of the tariffs.
The following lawsuits were recently filed at the Court of International Trade:
Although utilities that are installing wind and solar operations and wind turbine manufacturers would like antidumping duty and countervailing duty laws to change to take public interest into account, panelists at Georgetown Law's International Trade Update acknowledged it will probably never happen.
The following lawsuits were recently filed at the Court of International Trade:
House Majority Leader Steny Hoyer, D-Md., said he hopes to get "the essence of an agreement" on merging the House and Senate China bills by the end of this month. "I don't mean we're going to have everything agreed to." He said he hopes that each committee delegation can either settle or get very close to finishing their segments by then, though he said some issues will have to be passed up to leadership. "And then I'm hopeful we can get the Competes bill done by the end of next month. That I know is a very ambitious, perhaps naive expectation." He acknowledged there are "real differences" between the two versions.
The following lawsuits were filed at the Court of International Trade during the week of May 9-15:
The following lawsuits were recently filed at the Court of International Trade: