ABSTRACT

Trade Dispute with China and Rare Earth Elements [June 28, 2019]   [open pdf - 430KB]

From the Background: "Since 2018, the United States and China have been engaged in a trade dispute resulting from U.S. use of Section 301 provisions (which deals with foreign trade barriers). The dispute has led to several rounds of tariff hikes. The United States has imposed 25% tariff hikes on $250 billion worth of products from China while China has hiked tariffs on $110 billion worth of U.S. products. On May 10, 2019, President Trump directed the U.S Trade Representative (USTR) to begin the processes of raising tariffs on essentially all remaining imports from China, which it valued at approximately $300 billion. A week later, the USTR published a list of Chinese products that could be subject to 25% 'ad valorem' tariffs. The notice specified that certain products, including rare earth elements (REEs), would not be included on the list."

Report Number:
CRS In Focus, IF11259
Author:
Publisher:
Date:
2019-06-28
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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