The USTR is holding hearings this week into the proposed section 301 duties against China, which could cover electrical, electronics and healthcare products worth up to $46.4 billion. While the final outcome will be subject to negotiations with the Chinese government, American firms are concerned about the outcome and risk of extension of duty coverage. Representatives from HP Inc may raise concerns about PCs and printers. While not directly covered, their parts are. The company may be concerned about duties, evidenced by its seaborne imports which climbed 21% in April and 9% in the past...
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