And it underscores frustrations with a tariff exclusion process launched during the first Trump administration that is often described as murky and messy.
It’s not clear how or when those higher China tariffs will take effect – nor whether businesses will again have the opportunity to apply for exclusions.
But what is clear is that the USTR’s tariff exclusion process during the first Trump administration raised significant concerns in Corporate America.
The Trump transition did not provide details on what a tariff exclusion process will look like in the new administration.
The researchers did not study tariff exclusions under the Biden administration.
Persons:
Bobby Djavaheri, Djavaheri, ” Djavaheri, ”, Tom Madrecki, General Mills, Molson, Donald Trump, It’s, Trump, Brian Hughes, Vance, ” Hughes, USTR, “, ” Relatedly, Jesus Salas, ” Salas, Salas, –, “ It’s, Biden, Sam Michel, Michel, Veljko Fotak, hasn’t, ” Fotak, David French, ” Madrecki, “ We’re
Organizations:
New, New York CNN, Trump, United States Trade Representative, Consumer Brands Association, Molson Coors, Corporate America, Lawmakers, CNN, Commerce, Companies, Republican, Financial, Democratic, Lehigh University, SUNY Buffalo, Biden, National Retail Federation
Locations:
New York, China, Trump