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The USTR determination, published on Friday but first reviewed by Reuters, showed a 50% duty on Chinese semiconductors, which now include two new categories - polysilicon used in solar panels and ...
In revising the so-called "Section 301 tariffs," the Biden administration has zeroed in on industries that it says are of strategic competitive and national security areas, one of the people said.
Two non-statutory categories have been created in addition to the statutory category of "priority foreign country", which once identified as such needs to be investigated and if found in breach with a trade agreement is subject to possible "retaliation actions" under Section 301 of the Trade Act of 1974. "Priority Watch List" and "Watch List ...
In 2018 and 2019, Trump imposed an additional 25 percent tariff on Chinese solar products as part of his broader “Section 301” tariffs on about $ ... non-China countries also start making low ...
US law authorizing retaliation against violations of trade agreements Section 301 of the U.S. Trade Act of 1974 (Pub. L. 93–618, 19 U.S.C. § 2411, last amended March 23, 2018) authorizes the President to take all appropriate action, including tariff-based and non-tariff-based retaliation, to obtain the removal of any act, policy, or practice of a foreign government that violates an ...
A further policy aimed to ban almost all waste imports into the country. The Ministry of Ecology and Environment of China announced the new policy on 19 April 2018. 16 types of “Category 7” materials will be banned from import beginning 31 December 2018. Another 16 materials will be banned on 31 December 2019. [16]
Tai also will tell lawmakers that she is closely reviewing a petition from five U.S. unions to open a new Section 301 investigation into China's allegedly unfair acts, policies and practices in ...
As a response to the trade war, China increased the personal income tax threshold from CN¥3,500 to CN¥5,000 (US$705) in January 2019, and reduced the top tier of value added tax from 16% to 13% in April 2019. Income tax deductions were also allowed for family care, medical and educational expenses, as well as for mortgage interest.