On November 16, a bipartisan group of 34 Senators sent a letter to United States Trade Representative Robert Lighthizer calls for a process that would allow U.S. companies to request an exclusion from tariffs imposed on $200 billion of Chinese imports. MEMA, which has been a vocal advocate for a clear and efficient exclusion process, applauds and supports the letter. The bipartisan letter was signed by U.S. Senators Pat Toomey (R-Pa.) and Doug Jones (D-Ala.) along with 32 other senators.
“Section 301 tariffs are direct taxes paid by U.S. importers, and are passed through as added costs to U.S.-based manufacturers and U.S. consumers,” the letter says. It goes on to state, “American manufacturers should have access to a tariff exemption process so they can continue to source components and materials from China, particularly where there is no alternate supplier.”
In March 2018, President Donald Trump announced actions against China to impose tariffs on billions of dollars’ worth of imports (USTR Press Release). These tariffs are based on findings of IP theft and technology transfer in the Office of the U.S. Trade Representative’s (USTR) Section 301 investigation report. These tariffs are one of a set of various planned remedies. To date, three trenches of tariffs have been applied to nearly $500 billion of good from China. Learn more on the MEMA Trade Resources Page.