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May 13, 2024 at 3:00 AM. By Ellen Zhang, Sarah Wu. ... In December, the United States Trade Representative announced a further extension of China-related "Section 301" tariff exclusions until May 31.
Section 301 of the U.S. Trade Act of 1974 (Pub. L. 93–618, 19 U.S.C. § 2411, last amended March 23, 2018 [1]) 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 international trade agreement or is unjustified, unreasonable, or ...
The probe is being conducted under Section 301 of the Trade Act of 1974, the same unfair trade practices statute Trump invoked to impose tariffs of up to 25% on some $370 billion worth of Chinese ...
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 $300 billion in annual imports.
The Special 301 Report is prepared annually by the Office of the United States Trade Representative (USTR) that identifies trade barriers to United States companies and products due to the intellectual property laws, such as copyright, patents and trademarks, in other countries. By April 30 of each year, the USTR must identify countries which ...
Trade Act of 1974; Long title: An Act to promote the development of an open, nondiscriminatory, and fair world economic system, to stimulate fair and free competition between the United States and foreign nations, to foster the economic growth of, and full employment in, the United States, and for other purposes.
In late November 2024, Trump pledged to impose a 25% tariff on Canada and Mexico, citing drug trafficking and "Illegal Aliens," as well as a 10% tariff on Chinese goods by February 20th. [ 202 ] Prime Minister Justin Trudeau stated he would retaliate against any tariffs on Canadian goods, [ 203 ] [ 204 ] while Ontario Premier Doug Ford ...
The United States has repeatedly imposed Section 301 tariffs on China due to a recurring and ongoing practice of illegal behavior, including in 2018 to combat unfair trade practices such as forced ...