Global EditionASIA 中文双语Français
China Daily / 2024-05 / 18 / Page004

Section 301 a tool to target China

By HE WEIWEN | China Daily | Updated: 2024-05-18 00:00

The Joe Biden administration imposed punitive tariffs on Chinese-made electric vehicles, solar photovoltaic panels, EV batteries, steel, aluminum and medical equipment on Tuesday. Following a four-year review under Section 301 of the US Trade Act of 1974, the tariff on EVs imported from China will be raised from 27.5 percent to 102.5 percent.

The US administration is supposed to use Section 301 to take "corrective" action against trade practices it deems unfair or those that violate international trade rules.

But now the United States is using Section 301 as a weapon to check the development of China's industries. In fact, China needs to prepare for another round of investigations under Section 301 targeting its maritime trade, and logistics and shipbuilding sectors, which were initiated in April in response to a petition filed by five leading US national labor unions on March 12.

Report cites rights progress in Tibet

Most Viewed

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US