Tariff Increases Take Aim at Unfair Trade Practices (.PDF Download)

May 24, 2024
The new or increased tariffs are being enacted under Section 301 of the Trade Act of 1974 and will impact about $18 billion in Chinese imports.

On May 14, President Joe Biden directed the Office of the U.S. Trade Representative (USTR) to add or increase tariffs on a range of goods originating from China, including electric vehicles (EVs), EV batteries, battery parts, semiconductors, solar cells, permanent magnets, and certain steel and aluminum products. Critical minerals and medical supplies were also on the list.

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