- capital report: august 21, 2018
capital report: august 21, 2018
A Recap of the Section 301 Tariffs on Chinese Imports
Since President Trump’s announcement earlier this year that
the U.S. would take steps to protect U.S. technology from China’s unfair trade
practices, the administration has released three lists of imports from China
that would be subject to an additional tariff. Below is a recap on the current
status of each tariff list.
- First Tariff List –
The Office of the United States Trade Representative (USTR) released the
final first tariff list (Annex A & B) on June 15. The list
includes 818 products valued at $34 billion. Duties went into effect on
July 6, 2018. On July 11, 2018, USTR released a notice detailing the procedure for parties to submit
exclusion requests. Exclusion requests are due Oct. 9, 2018.
- Second Tariff List
– USTR released the final second tariff list on Aug. 7. The list
includes 279 products valued at $16 billion. Duties go into effect this
Thursday, Aug. 23. The exclusion process has not be released yet.
- Third Tariff List -
On July 10, USTR released a proposed third list of products imported
from China that would be subject to an additional duty of 10 percent. In a
subsequent Federal Register notice, USTR stated that it was considering
raising the tariff to 25 percent and has extended the deadline for
submitting public comments to Sept. 6, 2018.
Auto Care will continue to keep its membership updated with
any new developments. For more information, please visit our Section
301 resource page or contact Angela Chiang.
USTR Seeks Comments on Identifying Foreign Markets for
Last week, the Office of the United States Trade
Representative (USTR) published a notice
requesting comments to assist in identifying internet and physical markets
based outside the U.S. that should be included in the 2018 Notorious Markets
List. The Notorious Markets List identifies marketplaces that either facilitate
or directly engage in counterfeiting or copyright piracy, causing significant
financial losses for manufacturing rights holders.
Written comments are due by Oct. 1, 2018. Rebuttal or other
information to be considered is due by Oct. 15, 2018. Last year, the Auto Care
Association submitted comments identifying Alibaba and Taobao as notorious
online markets selling counterfeit automotive parts, tools and equipment
marketed with members’ brands.
We would appreciate input from members for inclusion in this
year’s report and request that members provide information on intellectual
property rights concerns, including trademarks, copyrights, patents and trade
Please contact Angela
Chiang with any comments you would like included in the association’s
submission no later than Wednesday, Sept. 19. Members can also file their own
comments through www.regulations.gov
Get the Latest
Coverage of the 2018 Elections
Thanks to support from the Auto Care Political Action Committee
we are pleased to bring Capital Report readers the latest Inside Elections with
Nathan Gonzalez, a bi-monthly nonpartisan analysis of U.S. elections.
Read the latest issue: https://autocare.org/Government-Affairs/Capital-Report/Election-Updates/inside-elections-081718/