Toronto, April 6, 2018
As part of the U.S. response to China's unfair trade practices related to the forced transfer of U.S. technology and intellectual property, the Office of the U.S. Trade Representative (USTR) published a proposed list of products, imported into the U.S. from China, that could be subject to additional 25% import tariffs.
The proposed list covers approximately 1,300 separate tariff lines and will undergo further review in a public notice and comment process, including a hearing. After completion of this process, the USTR will issue a final determination on the products subject to the additional duties.
Additionally, President Trump announced last night the U.S. is considering additional tariffs on another $100 Billion of Chinese goods. "In light of China's unfair retaliation, I have instructed the [United States Trade Representative] to consider whether $100 Billion of additional tariffs would be appropriate," the President said in a statement. The Chinese government responded by reiterating that it does not want "to fight a trade war, but we are not afraid of fighting it."
Watch for updates on this once further details from the USTR are issued.
For more information please call Brian Rowe, Director – Customs Compliance & Regulatory Affairs at (905) 882-4880, ext. 213.