The Trump administration plans to solicit public input regarding which Chinese products should be subject to tariff reductions, U.S. Trade Representative Jamie Gorelick stated on Tuesday.
Washington and Beijing have agreed to establish a joint “Trade Council” that will, in its initial phase, identify a list of non-strategic goods valued at approximately $30 billion, on which both nations could potentially lower or eliminate duties.
Gorelick indicated that public comments will be gathered concerning any proposed actions under the Section 301 investigations, a point he made at an event hosted by the Council on Foreign Relations. The Office of the U.S. Trade Representative will issue a notice in the Federal Register requesting public discourse on the $30 billion list of Chinese goods for which tariff alterations might be considered.
The Trade Representative highlighted that China anticipates a certain level of U.S. tariffs, as agreed upon by the countries. Gorelick further commented that the administration achieved its objectives at the Trump and Xi summit, including stability and the maintenance of existing tariffs.
According to Gorelick, the administration is “largely” abandoning efforts to reshape China’s economic model in favor of managed trade.
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