The U.S.-China Economic and Security Review Commission, shortly after the administration chose to keep and expand the Section 301 tariffs (see 2405220072), grappled with what it should recommend to Congress on how to use trade policy to counteract trade distortions from China's communist-run economy.
Many importers who were hit with Section 301 tariffs six years ago expected they would be rolled back in 18 months or two or three years, said Nicole Bivens Collinson, director of Sandler Travis's international trade and government relations practice. Then, once that didn't happen, they thought they'd see what happened in the Biden administration.
Commerce Secretary Gina Raimondo told Senate appropriators that a proposed rule on connected vehicles should come out in the fall.
The following are short summaries of recent CBP NY rulings issued by the agency's National Commodity Specialist Division in New York:
Rep. Jared Golden, D-Maine, introduced bills that would hike tariffs on green tech. One would add 25% tariffs to most favored nation tariffs for all battery components, solar energy components and wind energy components from China, with a hike of 5% a year until the rates reached 50%. The other, called Protecting American Autoworkers from China Act, would apply a 125% tax on Chinese autos -- not just electric vehicles -- over the MFN rate. That bill would apply to all cars built by Chinese-owned companies, even if they had a European or North American country of origin, "so that Chinese manufacturers cannot use other nations, such as Mexico, as a backdoor to avoid the tariffs."
The following are short summaries of recent CBP NY rulings issued by the agency's National Commodity Specialist Division in New York:
The following are short summaries of recent CBP NY rulings issued by the agency's National Commodity Specialist Division in New York:
The following are short summaries of recent CBP NY rulings issued by the agency's National Commodity Specialist Division in New York:
The following are short summaries of recent CBP NY rulings issued by the agency's National Commodity Specialist Division in New York:
The following are short summaries of recent CBP NY rulings issued by the agency's National Commodity Specialist Division in New York: