Search Results for citation:"90 FR 8089"

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Search Results: citation:"90 FR 8089"

  • Type:Notice
    Citation:90 FR 8089
    Reading Time:about 6 minutes

    The Office of the United States Trade Representative (USTR) has determined that China's efforts to dominate the maritime, logistics, and shipbuilding sectors have been found to be unreasonable and negatively impact U.S. commerce, making it actionable under section 301 of the Trade Act of 1974. The USTR's investigation revealed that China implements aggressive policies and industrial planning to gain a significant market share in these sectors, which disadvantages U.S. companies by reducing competition and creating dependencies that pose economic security risks. Public comments and a report underscore that these actions undercut U.S. business opportunities and investments, and restrict competition and choice, affecting vital supply chains. Future proceedings will decide on actions to counter China's practices under section 301(b).

    Simple Explanation

    The U.S. government thinks China is being unfair by trying very hard to be the best in ships and shipping, which might hurt businesses in America, and they want to figure out how to stop this.