Commercial Information Circulars
24-hour hotline : 23 922 922
e-mail address : enquiry@tid.gov.hk
Ref. : EIC 111/2/18
EIC 111/3
EIC 111/3/13
CR EIC 111/1/13/3
5 September 2022
(Updated on 8 September 2022)
Dear Sirs,
Commercial Information Circular No. 709/2022
US : Continuation of Section 301 Tariffs on Mainland Products in Statutory Four-year Review
The US Trade Representative (USTR) published a notice on 2 September 2022 announcing that the additional tariffs imposed on Mainland products (Lists 1 - 4A) under the Section 301 investigation have not terminated and will remain in effect, subject to possible further modifications resulting from the statutory four-year review.
DETAILS
2.Since July 2018, the US has imposed additional tariffs on Mainland products worth approximately US$370 billion under the Section 301 investigation in four tranches (Lists 1-3: 25% ; List 4A: 7.5%).
3.On 5 May 2022, the USTR issued a Federal Register notice to initiate the statutory four-year review of the tariff actions taken in 2018 under the Section 301 investigation and provided opportunity for the representatives of domestic industries to request continuation of the tariff actions.
4.On 2 September 2022, the USTR announced that it had received over 400 requests from domestic producers and trade associations to continue the tariff actions. As a result, the additional tariffs imposed on Mainland products (Lists 1 - 4A) under Section 301 investigation have not terminated and will remain in effect, subject to possible further modifications resulting from the statutory four-year review. As the next step, the USTR will conduct a review of the tariff actions and will publish notice(s) describing the review process. The process will include seeking comments from interested persons on the effectiveness of the actions in achieving the objectives of the investigation, other actions that could be taken, and the effects of such actions on the US economy, including consumers.
5.For further details, please refer to the Federal Register notice of 8 September 2022 at https://www.govinfo.gov/content/pkg/FR-2022-09-08/pdf/2022-19365.pdf.
ENQUIRIES
6.For enquiries concerning the content of this circular, please contact Miss K Y HO at telephone number 2398 5405.
Yours faithfully,
(Miss Kwany KOU)
for Director-General of Trade and Industry
Note: While every effort is made to ensure the accuracy of the above information, the Department cannot guarantee this to be so and will not be held liable for any reliance placed on the same.