The Office of the United States Trade Representative (USTR) has announced a significant update regarding the Section 301 investigation into China’s technology transfer, intellectual property, and innovation practices. Originally, 429 product-specific exclusions, including 352 previously reinstated exclusions and 77 COVID-related exclusions, were set to expire on May 31, 2024 will be extended further until May 31, 2025.
This decision follows a thorough review process where public comments were considered, focusing on the availability of products from non-Chinese sources and efforts to shift sourcing. USTR's goal is to encourage the reduction of dependence on Chinese products and support sourcing from the United States or third countries.
For more information, please see attached notice.
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