Section 301 Tariffs to Increase an Additional 5%

Section 301 Tariffs to Increase an Additional 5%

In response to China’s retaliatory tariffs, President Trump has announced a 5 percent increase on all Section 301 tariffs. This means that the 25 percent tariffs on approximately $250 billion worth of Chinese imports will be increased to 30 percent, effective October 1, 2019. The recent 10 percent tariffs that will go into effect September…

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China Announces Retaliation Tariff Lists

China Announces Retaliation Tariff Lists

In response to the impending 10 percent (now 15%)  Section 301 tariffs on $300 billion in Chinese goods, China has announced retaliation lists of tariffs on about $75 billion worth of U.S. goods. In the announcement, China said it will impose either 10 percent or 5 percent tariffs on more than 5,000 U.S. products. These tariffs…

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