Thousands of Companies are Asking for Tariff Exclusions Even as US and China Push to Sign Trade Deal
Companies have filed for tariff exclusions despite the push by the Trump Administration to sign the first phase of the trade deal with China. The Office of the United States Trade Representatives has not provided an official time frame for processing claims, and even if a company has a strong case, there is no guarantee that an exclusion will be approved.
"The main challenge companies face is demonstrating that they can only source their product in China. It’s also important for companies to file applications that resonate with the administration’s "America First" agenda by explaining why their business and their exclusion request is good for the U.S. economy," said Attorney Andrew McAllister.
"The applications that are well thought out tell a nice story about how it’s good for America – how it’s promoting U.S. jobs, how it’s promoting U.S. economic activity, added Mr. McAllister. "We’ve found the success rate to be higher."