The Office of the U.S. Trade Representative (USTR) this week is holding a public hearing concerning the “Section 301” tariff measures on an additional $200 billion of Chinese commodities.
Certain trade associations are making available their prepared comments in advance of this week’s hearing. For instance, there is a release from the American Association of Port Authorities (AAPA) indicating that its representatives will testify against a proposed third tranche of tariffs under Section 301.
Read a USTR release on the hearing.
U.S. Customs and Border Protection (CBP) today issued an update concerning Section 301 trade remedies assessed on certain products from China, with an additional list of products subject to Section 301. Read CSMS #18-000493
Turkey this week circulated a request to World Trade Organization (WTO) members requesting dispute consultations with the United States with respect to the additional import duties imposed by the United States on steel and aluminum imports from Turkey.
According to a WTO release, Turkey claims that the U.S. additional customs duties are inconsistent with a number of measures under WTO agreements.
For more information on this topic or to learn more about KPMG’s Trade & Customs Services, contact:
John L. McLoughlin
Luis (Lou) Abad
<p>© 2018 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.</p> <p>KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.</p>
The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.