Between July 6, 2018 and September 24, 2018, the United States Government imposed additional customs duties on approximately $250 billion worth of Chinese products when imported into the United States, under authority of section 301 of the Trade Act of 1974, 19 U.S.C. §2411 (“Section 301”). Although the intent of those Section 301 duties is to encourage the Chinese Government to abandon certain unreasonable and discriminatory trade practices, which unfairly restrict and burden United States commerce, the practical effect is to raise the cost of Chinese products to United States importers, and ultimately to United States consumers.
In this paper, Baker McKenzie Partner, John F. McKenzie suggests various strategies by which United States importers may be able to mitigate the effect of those section 301 duties on merchandise imported into the United States. This article was originally published in Bloomberg Law.
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