04 April 2018 US publishes list of China-origin products to be subject to an additional 25% duty; China retaliates with similar duties The United States Trade Representative (USTR) published a proposed list on April 3, of Chinese goods targeted for assessment of an additional 25% duty upon importation into the United States (US). The detailed list of targeted products contained in the "USTR Notice" follows President Trump's announcement on March 22 that China's alleged theft of US intellectual property, estimated to cost US$50 billion per year, will be offset through the suspension of commensurate trade concessions to China. As reported on March 22, the President ordered the USTR to propose a list of products from China, pursuant to an investigation under Section 301 of the Trade Act of 1974 (Section 301). Document ID: 2018-0727 |
