The US Trade Representative formally announced the product list of around USD 300B of Chinese imports for an additional ad valorem duty of up to 25 percent. The list “covers essentially all products not currently covered” by Section 301 tariffs on China. Though the list excludes “pharmaceuticals, certain pharmaceutical inputs, select medical goods, rare earth materials, and critical minerals. ”
Public comments are invited up till June 17, when hearing will be held in the main hearing room of the US . International Trade Commission. Final rebuttal comments are due seven days after the end of the hearing. The duration of consultation is notably shorter than before. 71 days was used last year for tariffs on USD 200B of Chinese goods. 42 days would be spend for the current round.
