Automakers and their suppliers are telling the Biden administration in comments submitted ahead of an upcoming report that not having a form for certificate of origin has paradoxically made compliance more difficult. They also said that companies are having a difficult time certifying how much workers in the supply chain earn, and that the absence of final USMCA regulations are all problems for trade compliance in the more than three years since USMCA took effect.
Both of Georgia's senators, plus Sens. Sherrod Brown, D-Ohio, and Marco Rubio, R-Fla., urged the Biden administration to raise Section 301 tariffs on Chinese solar panels, cells and wafers. They said a Chinese panel costs more than 60% less than U.S.-made panels.
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The Office of the U.S. Trade Representative is amending an exclusion from Section 301 tariffs to align it with recent changes to the relevant Harmonized Tariff Schedule subheading (see 2401020049). The change affects the exclusion under U.S Note 20(ttt)(iii)(27) to subchapter III of Chapter 99, which had covered goods of subheading 2929.90.5090 and now covers goods of subheading 2929.90.5095 for entries on or after Jan. 1.
Ending most favored nation status for Chinese imports -- as advocated for by the House Select Committee on China and some other China hawks in Congress -- would increase consumer prices for laptops and smart phones by more than $100, and cause purchases of those goods to fall sharply, according to a recent study commissioned by the Consumer Technology Association.
U.S. Trade Representative Katherine Tai says that her agency and Congress "will need to work closely together" to address the fact that "existing rules of origin have left openings" for Chinese firms with operations outside China to avoid Section 301 tariffs and, depending where the operations occur, benefit from free trade agreements.
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
U.S. Chamber of Commerce CEO Suzanne Clark criticized the Biden administration for not only choosing to avoid tariff liberalizing trade negotiations, but also for walking away from long-time positions on digital trade provisions. Clark, who was speaking at a press conference after the Chamber's annual State of American Business event, declined to say whether a second Donald Trump administration or another term of Joe Biden would be worse on trade.