What is ustr special 301?
What is ustr special 301?
The “Special 301” Report is an annual review of the global state of IP protection and enforcement. USTR reviewed more than one hundred (100) trading partners for this year’s Special 301 Report, and placed thirty-two (32) of them on the Priority Watch List or Watch List.
What is a section 301 investigation?
Under Section 301 of the Trade Act of 1974, USTR initiated an investigation to determine whether China’s acts, policies, and practices related to technology transfer, intellectual property, and innovation are unreasonable or discriminatory, and burden or restrict U.S. commerce.
Who recently released the Special Report 301?
The Office of the United States Trade Representative (USTR) on April 30, 2021 has released its Special 301 Report of 2021[1].
What is Super 301 Upsc?
The USTR in its Special 301 report released recently, categorised India as a ‘priority watch list’ country over intellectual property concerns. About the Report The Special 301 report is annually released by the USTR to identify trade barriers to the USA due to intellectual property concerns.
What is a Section 301 tariff?
transfer, intellectual property (IP), and innovation were unreasonable or discriminatory and burdened or restricted U.S. commerce. To counter them and obtain their elimination, the Trump Administration imposed, under Section 301, four rounds of increased tariffs on about two- thirds of U.S. imports from China.
When did 301 go into effect?
September 1, 2019
President Trump announced via social media on August 1, 2019 that Section 301 duties of 10 percent will go into effect for List 4 products on September 1, 2019.
What does USTR stand for?
Office of the United States Trade Representative
The Office of the United States Trade Representative (USTR) is an agency of more than 200 committed professionals with decades of specialized experience in trade issues and regions of the world.
What is USTR Upsc?
Section 301 (US Trade Act) gives the USTR broad authority to investigate and respond to a foreign country’s action which may be unfair or discriminatory as well as negatively affect US commerce. Adopted through the 1974 Trade act, the Section allows the US President to impose tariffs or other curbs on foreign nations.
What is the difference between being placed on the priority watch list and watch list?
Priority Watch List and Watch List Countries. “Priority Watch List” and “Watch List” countries are identified by the annual Special 301 Report. “Priority Watchlist countries” are judged by the USTR as having “serious intellectual property rights deficiencies” that require increased USTR attention.
How do you navigate a 301 tariff?
How to Navigate the Section 301 Tariff Process
- Step One: Know Your HTS Subheading.
- Step Two: Find Your HTS Subheading.
- Step Three: Submit a Comment or Exclusion Request Based on Your HTS Subheading.
How do you navigate 301?
Who represents U.S. in WTO?
Katherine Tai
Based in Washington, D.C., Katherine Tai is the current United States Trade Representative.
What is the purpose of the Special 301 Report?
The Special 301 Report (Report) is the result of an annual review of the state of IP protection and enforcement in U.S. trading partners around the world, which the Office of the United States Trade Representative (USTR) conducts pursuant to Section 182 of the Trade Act of 1974, as amended (the Trade Act, 19 U.S.C. § 2242).
What does USTR do under Section 301 of Trade Act?
For countries failing to address U.S. concerns, USTR will take appropriate actions, which may include enforcement actions under Section 301 of the Trade Act or pursuant to World Trade Organization (WTO) or other trade agreement dispute settlement procedures.
Why is USTR on a priority watch list?
To facilitate administration of the statute, USTR has created a Priority Watch List and Watch List within this Report. Placement of a trading partner on the Priority Watch List or Watch List indicates that particular problems exist in that country with respect to IP protection, enforcement, or market access for persons relying on IP.
When was EU added to USTR watch list?
PhRMA and BIO request EU be added to USTR Watch List over review of incentives, February 13, 2018. KEI’s 2017 request to testify and written submission. . As of February 7, 2015, USTR received 40 comments in response to its request for written submissions about the Special 301 Review. The complete list can be found at regulations.gov.