US reinstates 352 product exclusions from Chinese tariffs


U.S. Trade Ambassador Katherine Tai speaks to members of the media following a tour of a silicon wafer factory being expanded by South Korean semiconductor maker SK Siltron CSS , in Bay City, Michigan, U.S., March 16, 2022. REUTERS/Rebecca Cook

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WASHINGTON, March 23 (Reuters) – The Office of the U.S. Trade Representative said on Wednesday it has reinstated 352 expired product exclusions from U.S. “Section 301” tariffs on Chinese imports, well below the 549 exclusions it previously considered .

The reinstated product exclusions will be effective retroactively from October 12, 2021 and will extend through December 31, 2022, the USTR said. They cover a wide range of the initially estimated $370 billion in Chinese imports that former President Donald Trump has hit with punitive tariffs of 7.5% to 25%.

The list published by the USTR includes industrial components such as pumps and electric motors, certain auto parts and chemicals, backpacks, bicycles, vacuum cleaners and other consumer goods.

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The Trump administration initially granted more than 2,200 tariff exclusions to provide relief to certain industries and retailers. Most were allowed to expire, but 549 were extended for a year, and these expired at the end of 2020.

U.S. Trade Representative Katherine Tai last October launched a review of whether to reinstate those 549 exclusions as part of her strategy to confront China over its trade practices.

A series of virtual meetings with his Chinese counterparts since then have done little to improve China’s performance under Trump’s “Phase 1” trade deal with Beijing.

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Reporting by David Lawder and Andrea Shalal; Editing by David Gregorio

Our standards: The Thomson Reuters Trust Principles.

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