Additional Details on Major Trade Actions
On February 1, 2025, President Donald Trump issued executive orders imposing tariffs on imports from China, Canada, and Mexico in response to alleged illicit drug flows, organized crime, and illegal immigration. These tariffs take effect on February 4, 2025. The measures apply broadly across multiple industries, with potential further escalation if retaliatory actions occur.
Section 301 Tariff Exclusions Extended
On December 26, 2023, the Office of the United States Trade Representative (“USTR”) announced that it will further extend 352 reinstated exclusions and 77 COVID-related exclusions to duties imposed on goods from China pursuant to Section 301 of the Trade Act of 1974 until May 31, 2024. A docket for public comments on existing exclusions will open on January 22, 2024 and close on February 21, 2024, giving American businesses just one month to restate their case.
Another Section 301 Extension on the Horizon
The Biden Administration intends for the Section 301 product exclusions to continue in tandem with the review period, so they anticipate another extension to be issued before the December 31st deadline.
Breaking News: USTR Extends China Section 301 Tariff Exclusions
Today, September 6, USTR announced it is extending 429 tariff exclusions in the China Section 301 Investigation until December 31, 2023. The exclusions were previously scheduled to expire on September 30, 2023.
USTR Extends COVID-Related Section 301 Product Exclusions
On May 17, the United States Trade Representative (USTR) once again extended the Section 301 tariff exclusions of certain medical-care products needed to address the COVID-19 pandemic. Click to learn more.