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“Accordingly, as required by statute, the tariffs did not expire on their four-year anniversary dates and USTR will proceed with the next steps as provided in the statute,” USTR said in a press release.
The office of the US trade representative (USTR) recently confirmed that representatives of domestic industries benefiting from the tariff actions in the Section 301 investigation of China’s acts, policies and practices related to technology transfer, intellectual property and innovation have requested the administration to continue the tariffs.
Details on the next steps in the four-year review process will be set out in subsequent notices.
In May this year, USTR commenced the statutory four-year process by notifying representatives of domestic industries that benefit from the tariff actions of the possible termination of those actions and of the opportunity for the representatives to request continuation.
As requests for continuation were received, the tariff actions have not terminated and USTR will conduct a review of the tariff actions.
“The July 6, 2018 action, as modified, did not terminate on July 6, 2022, and will remain in effect, subject to possible further modifications,” the USTR notice said.
Fibre2Fashion News Desk (DS)
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