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USTR Further Delays Final Determination On China Tariff Increases
Announcement Due In Coming Days
August 30, 2024
Today the U.S. Trade Representative's Office (USTR) said it needs more time to finalize proposed tariff increases on approximately $18 billion worth of Chinese goods, including needles and syringes, electric vehicles, semiconductors, and batteries.
According to a representative from the office, "USTR continues to develop the final determination regarding proposed modifications of the actions in the Section 301 investigation of the People’s Republic of China’s Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation. As USTR continues this work, we expect to make the final determination public in the coming days."
The first tranche of duty increases were originally scheduled to take effect on Aug. 1, with other increases scheduled for Jan. 1, 2025, and Jan. 1, 2026. However, USTR announced on July 30, it needed more time to evaluate the more than 1,100 comments it received from industry. At the time, USTR said it expected to finish the review by August 31 and the first duty increases would take effect about two weeks after it published the results.