US-China Council Urges Caution on Any Future Section 421 Tariff Actions
On August 25, 2010, the U.S.-China Business Council sent a letter to President Obama regarding the September 2009 imposition of Section 421 additional duties on certain tires from China. The letter urges the Administration to act cautiously in considering further…
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Section 421 tariffs on other imports from China. According to the letter, the USCBC has found no evidence that the tariffs have had a positive effect on U.S. jobs and suspects that the tariffs have had an overall negative effect on U.S. consumers. The USCBC concludes its letter by requesting an International Trade Commission report on the effects of the Section 421 additional duties imposed on certain Chinese tires on U.S. consumers and job creation. USCBC issues brief available here.