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Trump’s Tariffs: Sections 201, 232, and 301: What You Need To Know
- Overview of recent tariff actions
- What are the goals of the President’s tariff actions and why are these actions of note
- What are Section 201, Section 232, and Section 301
- Which countries are affected by the tariff increases
- Why is China a major focus of the Administration’s action
- Scale and scope of U.S. and retaliatory tariffs
- What U.S. imports are included in the tariff actions
- What U.S. exports face retaliatory tariff measures
- What exemptions are allowed from the tariffs imposed to date
- How many product exclusion requests have been made
- Examples of U.S. producers benefitting or being harmed by the tariffs
- Relation to WTO and U.S. trade agreements
- How to prevent and address Section 201, Section 232, and Section 301 problems
Overview of the webinar
The President’s recent tariff actions raise a number of significant issues for Congress. These issues include the economic effects of tariffs on firms, farmers, and workers, and the overall U.S. economy, the appropriate use of delegated authorities in line with congressional intent, and the potential implications and impact of these measures for broader U.S. trade policy, particularly with respect to the U.S. role in the global trading system.
The products affected by the tariff increases include washing machines, solar products, steel, aluminium, and numerous imports from China. Retaliatory tariffs are affecting several U.S. exports, including agricultural products such as soybeans and pork, motor vehicles, steel, and aluminium.
Attendees will learn about the following:
- Section 201 of the Trade Act of 1974 -- Allows the President to impose temporary duties and other trade measures if the U.S. International Trade Commission (ITC) determines a surge in imports is a substantial cause or threat of serious injury to a U.S. industry.
- Section 232 of the Trade Expansion Act of 1962 -- Allows the President to adjust imports if the Department of Commerce finds certain products are imported in such quantities or under such circumstances as to threaten to impair U.S. national security.
- Section 301 of the Trade Act of 1974—Allows the United States Trade Representative (USTR) to suspend trade agreement concessions or impose import restrictions if it determines a U.S. trading partner is violating trade agreement commitments or engaging in discriminatory or unreasonable practices that burden or restrict U.S. commerce.
Who should attend?
- Importers
- Exporters
- Business Owners
- Accountants
- Lawyers
- Anyone involved in importing goods into the United States or exporting goods from the United States abroad.
Why should you attend?
The U.S. Constitution grants Congress the sole authority over the regulation of foreign commerce. Over the past several decades, however, Congress has authorized the President to adjust tariffs and other trade restrictions in certain circumstances through specific trade laws. Using these delegated authorities under three trade laws, President Trump has imposed increased tariffs, largely in the range of 10% - 25%, on a variety of U.S. imports to address concerns related to national security, injury to competing industries, and China’s trade practices on forced technology transfer and intellectual property rights, among other issues. Several U.S. trade partners argue that these tariff actions violate existing U.S. commitments under multilateral and bilateral or regional trade agreements and have imposed tariffs on U.S. exports in retaliation. Congress continues to actively examine and debate these tariffs, and several bills have been introduced either to expand, limit or revise existing authorities.
If you are in any way involved in international trade, you should attend this seminar so that you can avoid making all sorts of costly and perhaps fatal importing and exporting mistakes. You should attend, too, so as to be able to navigate and prosper in uncertain and complicated times.
Faculty - Mr.Martin K. Behr III, Esq
Presently, Martin is an instructor with City University of New York's Baruch College Continuing and Professional Studies (CAPS), where he teaches import, export, and other international trade courses. In 2013, Martin received the Outstanding Instructor of the Year Award from Baruch CAPS. Martin has also taught international trade courses at Fashion Institute of Technology and Pace University in New York City. Martin is also of counsel to GRVR Attorneys (www.exportimportlaw.com), which specializes in customs and international trade matters.
Martin is a former U.S. Customs officer (senior inspector and import specialist), who was stationed at land (Champlain-Rouses Point, NY), air (JFK International Airport and Newark Liberty) and sea (Newark) ports of entry. While with U.S. Customs at the Port of New York/Newark, he was also a member of the agency's export control branch.
Martin is also a former special agent with the U.S. Department of Defense, assistant prosecutor with the Office of Hudson County (NJ) Prosecutor, and an executive with a global FMC-licensed Ocean Transportation Intermediary. Martin was also a trade consultant with Unz & Co.