USITC Launches Parallel § 332 Investigations Targeting China Trade Relations and Biotechnology Support

The US International Trade Commission has initiated two significant Section 332(b) investigations that could shape the next phase of the United States’ China trade policy: one examining the economic effects of revoking China’s permanent normal trade relations status and one reviewing China’s state support and pricing practices in the biotechnology sector. The investigations will provide a detailed analytical record that Congress and the administration can draw on as they consider further tariff... By: Morgan Lewis