Companies affected by higher tariffs on imports have an opportunity to provide input for a new federal study that could have some effect on the future of those tariffs.
The International Trade Commission has initiated a fact-finding investigation on U.S. trade, production, and prices in the industries directly and most affected by the Section 232 and Section 301 tariffs that were in effect as of March 15, 2022. These include Section 301 tariffs on hundreds of billions of dollars’ worth of imports from China (which are currently under review by the Office of the U.S. Trade Representative) and Section 232 tariffs on imports of steel and aluminum products from most countries (though many major U.S. trading partners have been exempted).
Companies have until Aug. 24 to file written comments to inform the ITC’s investigation. They may also participate in a public hearing scheduled for July 21. Requests to appear at the hearing are due by July 6, all pre-hearing briefs and statements are due by July 8, and all post-hearing briefs and statements are due by Aug. 12. The ITC plans to issue its final report by March 15, 2023.
For more information, or for assistance preparing or submitting input for this investigation, please contact ST&R at strdc@strtrade.com.
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