US Trade Rep Cuts 22 China-Made Devices From Tariffs List, But Retains 27
While the Trump administration appears to have been partially persuaded by industry arguments that a host of China-made medtech items do not belong on a list of items earmarked for a 25% tariff starting July 6, there are still 27 devices – or accessories – that remain.
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Industry Groups Oppose 25% China Tariffs Still In Play On High-End Medical Equipment, Hospital Products
Industry groups expressed strong opposition at the end of June to US-planned 25% tariffs on China goods – including billions of dollars in medtech and hospital supplies – by the US Trade Representative’s Office, despite ongoing talks between President Trump and Chinese President Xi Jinping to deal with US-China trade tensions.
Although the 25% tariffs initiated July 6 by the US Trade Representative will impact about $836m worth of medical technology entering the US from China, the administration late last week offered a process for gaining exclusions for specific products. AdvaMed members are “looking into” the process, the group said, and Medical Imaging and Technology Alliance members have already started to try to use it.
The US Trade Representative office's decision in March to include devices, imaging machines and diagnostics on a list of Chinese imports destined for a 25% tariff has riled up the industry. A half-dozen medtech organizations protested the move in comments and testimony this week, supplying USTR with 12 reasons why the tariffs are a very bad idea.