USTR reveals fee scales, timing for Section 301 action on China
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In a long-expected move, the U.S. Trade Representative (USTR) on April 17 took Section 301 \u201ctargeted action to restore American shipbuilding and address China\u2019s unreasonable acts, policies, and practices to dominate the maritime, logistics, and shipbuilding sectors.\u201d<\/p>\n
The Section 301 provisions of the Trade Act provide a domestic procedure through which interested persons may petition the U.S. Trade Representative to investigate a foreign government act, policy, or practice and take appropriate action. Section 301(b) may be used to respond to unreasonable or discriminatory foreign government acts, policies, and practices that burden or restrict U.S. commerce.<\/p>\n
\u201cShips and shipping are vital to American economic security and the free flow of commerce,\u201d said U.S. Trade Representative Ambassador Jamieson Greer. \u201cThe Trump administration\u2019s actions will begin to reverse Chinese dominance, address threats to the U.S. supply chain, and send a demand signal for U.S.-built ships.\u201d<\/p>\n