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Tuesday, March 24, 2020

USTR Defends Tariffs on China, But Seeks Input on Potential Exemptions

The Office of the U.S. Trade Representative (USTR) is defending the imposition of tariffs on China under Section 301 of U.S. trade law, noting they have exempted several “critical products” like ventilators, oxygen masks, and nubilators and issued tariffs exemptions on large numbers of health-related products.

U.S. imports of all critical medical and pharmaceutical products were up over 20 percent since 2017, before Section 301 tariffs were imposed, USTR said.

However, they announced they have now opened a new docket for the public, businesses and government agencies to submit comments “if they believe further modifications to the 301 tariffs may be necessary. This comment process does not replace the current exclusion process and supplements that process.

Submissions are limited to comments on products subject to the tariff actions and relevant to the medical response to the coronavirus.”