U.S. to begin the process of raising Tariffs on ALL remaining $300B of Chinese goods

May 14, 2019

BREAKING: According to the U.S. Trade Representative (USTR):

The Office of the U.S. Trade Representative (USTR) will hold a public hearing from 9:30 AM – 4:30 PM EST on May 15, 2019 and from 9:30 AM – 12:00 PM EST on May 16, 2019 regarding proposed action to enforce U.S. rights in the World Trade Organization (WTO) dispute against harmful subsidies on large civil aircraft by the European Union (EU) or certain EU member States.

The hearing will take place in the U.S. International Trade Commission, 500 E Street SW, Washington, DC 20436.

The Section 301 Committee invited comments from the public on any aspect of the action, including proposed tariffs on products of the EU or certain member States.

The WTO has found repeatedly that EU subsidies to Airbus have caused adverse effects to the United States. USTR estimates the EU subsidies cause approximately $11 billion of harm in trade to the United States per year.  The amount of countermeasures the United States is authorized to impose is currently subject to arbitration at the WTO, the result of which is expected to be issued this summer.

The Federal Register notice publishing the proposed list of products of the EU or certain member States to which additional duties may be applied can be viewed here.

Click here to view the witness list.

NOTE: Media and attendees should note that the hearing is on the record but off-camera, meaning no cameras or video recording will be allowed in the hearing room. A full transcript of the hearing will be posted on USTR.gov. Please contact media@ustr.eop.gov with questions or for more information on media arrangements.

Source: USTR