The USA is going to impose new tariffs on 1300 Chinese goods
On 3 April 2018, Office of the United States Trade Representative issued the Notice of Determination and Request for Public Comment Concerning Proposed Determination of Action Pursuant to Section 301: China’s Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation.
According to the document, on 15 May 2018 the Section 301 Committee will convene a public hearing on practices of the Government of China covered in the investigation are unreasonable or discriminatory and burden or restrict U.S. commerce.
Before 23 April 2018ы the interested persons need to fill requests to appear and a summary of expected testimony at the public hearing.
USTR requests comments with respect to any aspect of the proposed action, including:
• The specific products to be subject to increased duties, including whether products listed in the Annex should be retained or removed, or whether products not currently on the list should be added.
• The level of the increase, if any, in the rate of duty.
• The appropriate aggregate level of trade to be covered by additional duties.
The proposed action is an additional duty of 25 percent on the products. The preliminary list contains approximately 1300 goods imported from China worth about US$50 billion.
The list includes products of chemical industry, pharmaceutical industry, metallurgy and engineering industries.
Press-release at the Office of the United States Trade Representative web-site