navitor.com 15 Section 301 China Tariff The U.S. Trade Representative (USTR) recently announced that the Section 301 China Tariffs will not expire on their four-year anniversary dates and will remain in effect, subject to further review. This announcement comes because of the USTR receiving 434 requests from domestic industries and trade associations to continue the tariffs in response to the public comment period from earlier this year. U.S. Customs Released Operational Statistics U.S. Customs released the August 2022 Monthly Operational Update. Some of the updates for August include: • CBP seized nearly 2,099 shipments that contained counterfeit goods valued at more than $159 million. • CBP targeted 838 entries valued at more than $266.5 million for suspected use of forced labor in the production of imported goods, including goods subject to the Uyghur Forced Labor Prevention Act and Withhold Release Orders. • CBP issued 6,964 emergency action notifications for restricted and prohibited plant and animal products entering the United States. • In August 2022 alone, CBP processed more than 3 million entry summaries valued at more than $294 billion, identifying estimated duties of nearly $9.4 billion to be collected by the U.S. government. Lockdowns in China • China’s official case count remains minuscule, with only 949 locally transmitted cases reported nationwide last week, out of a population of 1.4 billion. • Chengdu, the capital of southwestern China’s Sichuan province, was locked down on Sept. 1 after COVID cases were detected, becoming the largest Chinese metropolis hit with curbs since Shanghai’s lockdown in April and May. • Some of the worst reports are coming out of the Ili prefecture in China’s northwestern Xinjiang region, where a lockdown began early last month.
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