Weekly Trade Roundup
August 3, 2022
USTR “Justifies” Section 301 Tariffs
The Office of the U.S. Trade Representative (USTR) filed a brief this week with the Court of International Trade (CIT) defending Section 301 tariffs that were imposed during the Trump Administration. The CIT ruled in April that USTR needed to provide a detailed explanation for applying tariffs to additional imports from China that came to be known as List 3 and list 4.
AAEI Participates in 21CCF Working Group Meeting This Week
AAEI is participating this week in a meeting of the 21st Century Customs Framework (21CCF) Working Group. Members of the Commercial Customs Operations Advisory Committee (COAC) say they have a few concerns about U.S> Customs and Border Protection’s (CBP’s) most recent response to their recommendations for 21CCF, trade facilitation considerations in particular.
Biden-Xi Discussion Included Forced Labor, Human Rights
President Biden and China’s President Xi Jinping held a long-awaited meeting by phone last week that included discussion of trade concerns around the use of forced labor in China’s Xinjiang Uyghur Autonomous Region. The White House provided an overview in its readout of the discussion.