Businesses Ask House Leaders to Require Section 301 Exclusion Process
Americans for Free Trade is urging the House to pass legislation that mirrors the Senate Trade Act of 2021, especially the language that asks the Office of the U.S. Trade Representative to reinstate the Section 301 exclusion process. CBP has collected more than $92 billion in tariffs on Chinese products since the trade war began, the business coalition “united against tariffs” said in a June 30 letter to House Speaker Nancy Pelosi, D-Calif., and Minority Leader Kevin McCarthy, R-Calif.
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These tariffs “increase the cost of doing business in the United States and risk exacerbating increasing concerns regarding inflation. They are a financial burden on U.S businesses -- negatively impacting their ability to invest in their companies, hire more American workers, and remain competitive globally,” the letter said. “USTR has thus far failed to act unilaterally -- as Section 301 authorizes it to do -- to reinstate expired product exclusions or reinvigorate the product exclusion process, it is essential the Congress act,” the letter said.