(NDAgConnection.com) – The Office of the U.S. Trade Representative this week began the process of reviewing Section 301 tariffs, which is required every four years by law, on more than $370 billion of Chinese goods. Section 301 of the Trade Act of 1974 allows USTR to enforce U.S. rights under trade agreements and address unfair foreign barriers to U.S. exports.
Following an investigation, the Trump administration imposed 25% tariffs on imports from China over the country’s forced technology transfer requirements and efforts to acquire U.S. intellectual property and trade secrets. In response, China put a 25% duty on U.S. products, including pork.
USTR is contacting, including through a Federal Register notice, representatives of American industries that benefit from the tariffs. Those industries may ask that the tariffs continue by submitting a request by July 6. If at least one request is made, USTR will publish an additional notice after July 6 announcing the continuation of the tariffs and will conduct a review, which will include a public comment period.