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Home >News >CCCME News > Content

CCCME’s Statement on the Proposed Tariff List Under Section 301 Action

Publish Time:2018-04-08 00:00:00 Source:CCCME
      On April 3, 2018, US local time, Office of the U.S. Trade Representative published the proposed list of products subject to additional 25% tariffs under Section 301 Action. The proposed list published covers approximately 1300 independent tariff lines, with a total of approximately $50 billion worth of Chinese exports, and involves industries such as aerospace, information and communication technology, robotics, machinery and other electromechanical industries. The United States will publicly solicit comments on the proposed list of products subject to additional tariffs. The relevant hearing will be held in Washington on May 15, 2018. The deadline for comments before the hearing is May 11, 2018, U.S. time, and the deadline for comments after the hearing is May 22, 2018, U.S. time.
    China Chamber of Commerce for Import and Export of Machinery and Electronical Products (CCCME) and its member companies strongly condemn such practice and firmly oppose the U.S. unilateral trade protectionism. This will lead to enormous losses to Chinese and U.S. companies and will seriously endanger -China-U.S. economic and trade cooperation.
   Since the United States initiated the 301 Investigation against China in August 2017, the CCCME responded positively, actively collecting opinions from its member companies and voicing on behalf of the industry. In the hearing and comments, CCCME pointed out repeatedly that the allegations by the United States in the investigation were inconsistent with the actual feedback from its member companies. The environment for protecting intellectual property in China has been continuously improved, and the United States investigation has no factual basis. After the Office of the U.S. Trade Representative released its report on the China 301 investigation and the proposed restrictive measures on March 22, 2018, CCCME once again voiced on behalf of the industry and resolutely opposes relevant U.S. practices.  
      However, the United States has ignored the rules of the WTO, ignored the voices of the Chinese and American industries, and ignored the fact that China continues to strengthen its protection of intellectual property rights. The United States initiated 301 Investigations on China and published tariff proposals without any factual basis. Once the tariff measures are implemented, they will inevitably seriously damage the interests of Chinese companies and industries, hurt the interests of U.S. companies in China and U.S. consumers, and place China-U.S. economic and trade cooperation relations in a dangerous situation. CCCME and its member companies hope that the United States will carefully make decisions from the perspective of safeguarding the interests of China-U.S. industries, strengthening bilateral economic and trade exchanges, and safeguarding global economic interests. We have noticed that Chinese government will take measures with equivalent intensity and scale on the U.S. products to safeguard China’s own legitimate interests, and we will provide firm support.