The Office of the U.S. Trade Representative (USTR) said it is still reviewing more than 1,100 public comments regarding its May 28 announcement to change Section 301 tariffs on a range of Chinese products, including a new focus on sun products.
President Biden directed U.S. Trade Representative Katherine Tai to add or increase tariffs on certain Chinese products, including:
- Electric vehicles – increased to 100% by 2024
- Solar cells (assembled or not into modules) – increased to 50% in 2024
- Lithium-ion batteries for non-electric vehicles – increased to 25% by 2026
- Steel and aluminum products — increased to 25% by 2024
- Semiconductors — increased to 50% by 2025
In consultation with the Section 301 Committee, USTR anticipates that the final determination will now be made in August 2024. USTR expects the changes planned for 2024 to take effect approximately two weeks after it makes the final determination public.