International Trade Commission Launching Investigation On Impact of Section 232 And 301 Tariffs

The U.S. International Trade Commission (ITC) is launching an investigation on the impact of Section 232 and 301 tariffs on U.S. industries. This presents an opportunity to explain how the application of these trade remedies have impacted our industry and individual companies. If you are interested in telling your story, either through written comments or testifying before the ITC, please let the Samantha Rocci, Senior Manager of Government Affairs, know as soon as possible.

On May 5, 2022, the ITC announced the initiation of a general factfinding investigation that will examine the impact of tariffs on U.S. imports under section 232 of the Trade Expansion Act of 1962 and section 301 of the Trade Act of 1974 in effect as of March 15, 2022. The ITC was directed to conduct this investigation, Economic Impact of Section 232 and 301 Tariffs on U.S. Industries, Inv. 332-591, as part of the Omnibus Appropriations Act, which was signed into law on March 15, 2022. As a result, all currently active Section 232 national security tariffs (e.g., steel and aluminum tariffs) and the Section 301 tariffs against imports from China will be subject to review and the ITC will prepare a report on the impact of these tariffs on U.S. trade, production, and prices in the industries most affected by these tariffs. If the tariffs change between now and the report’s submission, the analysis will only cover how the economy was affected by the tariffs that were in place as of March 2022. The ITC must submit this report to Congress by March 15, 2023.

In preparing the report, the ITC will seek public comments and hold a hearing. Key dates for the investigation include:

• July 6, 2022: Deadline for filing requests to appear at the public hearing.
• July 8, 2022: Deadline for filing prehearing briefs and statements.
• July 14, 2022: Deadline for filing electronic copies of oral hearing statements.
• July 21, 2022: Public hearing. Information about the hearing, including how to participate or observe, will be posted on the ITC’s website no later than June 21, 2022, here.
• August 12, 2022: Deadline for filing posthearing briefs and statements.
• August 24, 2022: Deadline for filing all other written submissions.

For more information, please contact Samantha Rocci at srocci@rvia.org.