The Office of the U.S. Trade Representative (USTR) has released a notice that asks companies—who benefit from List 1 of the Section 301 tariffs—to tell them if they think the tariffs should continue, by July 5. Companies that benefit from the tariffs on List 2 can comment June 24 to August 22.
If there ends up being businesses that ask for the tariffs to continue, the USTR will issue another comment period to discuss “the effectiveness of the action in achieving the objectives of Section 301, other actions that could be taken, and the effects of such actions on the United States economy, including consumers.”
USTR has published a FAQ that explains this is not the time to voice opposition on continuing the tariffs, and that companies that benefit from both List 1 and 2 should file separately during the respective comment periods. Comments by companies that benefited from tariffs on Lists 3 and 4a products can be submitted in either period.
If you have questions regarding Section 301 tariffs, reach out to Mohawk Global Trade Advisors.