The action will be suspended for a year beginning today, an USTR release said.
The suspension follows the historic trade and economic deal reached between Presidents Donald Trump and Xi Jinping announced by the White House on November 1.
During the suspension period, no party will accrue liability for or be required to pay the fees on maritime transport services and duties.
The United States will negotiate with China pursuant to Section 301 regarding the issues raised in this investigation. While taking these actions, the United States will continue its domestic efforts and its discussions with key allies and partners on revitalising American shipbuilding.
ALCHEMPro News Desk (DS)
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