Biden Administration Action to Increase Section 301 China Tariffs – The Details
This article includes details of products, rate increases, timelines, and the background behind the Biden Administration’s Section 301 Tariff Increase Proposal.
This article includes details of products, rate increases, timelines, and the background behind the Biden Administration’s Section 301 Tariff Increase Proposal.
Today’s announcement is a welcome signal step by the Biden administration that it recognizes the importance of supporting America’s solar manufacturing industry and that a whole-of-government approach is needed to counter China’s actions to dominate the global solar supply chain.
Treasury Secretary Janet Yellen faced a round of questioning that saw the Democrats applaud her, and the Republicans admonish her for a little over two hours during Tuesday’s House Ways & Means Committee hearing.
Why does SEIA oppose tariffs on Chinese solar companies? Because it’s a front for slave labor Chinese solar manufacturers.
CPA strongly supported a previous AD/CVD case filed by Auxin Solar where the Commerce Department determined that Chinese companies operating in Malaysia, Thailand, Vietnam, and Cambodia are illegally circumventing.
Despite USMCA being the “gold standard” trade agreement, Mexican trade problems are increasing with the U.S. The Senate Finance Committee on Wednesday brought up the surge of Mexico steel imports into the United States, in breach of a 2019 joint statement. Some are calling for steel tariffs now. Mexico is preparing to retaliate. Sen. Sherrod…
USTR Katherine Tai sat for a two hours-plus hearing with the House Ways and Means Committee on Tuesday to discuss trade matters and was met early on by some staunch criticism.
Treasury Secretary Janet Yellen just spent the weekend in China, her second trip there in less than a year.
Tariffs that began in 2018 have not destroyed the U.S. economy. The stock market did not crash. Tariffs weren’t the cause of inflation either. And many manufacturing industries from kitchen cabinets in Alabama to solar in Ohio are thriving because of them.
“Our tax code is supposed to support American manufacturers in building out genuine domestic supply chains. It shouldn’t be exploited by the Chinese Communist Party,” said Brown.