The USTR initiated a process for seeking exclusions from recent tariff increases on imports from China. They issued a Federal Register Notice requesting comments on proposed modifications and machinery exclusion process. The USTR also addressed the reinstatement and expiration of product exclusions, with some being extended through May 31, 2025. The proposed tariff increases will impact strategic sectors such as steel, aluminum, semiconductors, electric vehicles, batteries, critical minerals, solar cells, ship-to-shore cranes, and medical products.
Source PwC
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