Tag: tariffs

In response to the U.S. imposition of additional tariff increases on May 10, 2019, China’s Ministry of Finance announced that they will increase tariffs on about $60 billion of U.S. goods on June 1, 2019. List 1 encompasses 2,493 line items which will be assessed duties at 25%. There are 3 other lists that have...

Just when you thought you were up to date with the surge of news about the additional tariffs, there is more. Last week, the President announced the assessment of tariffs on all products from Mexico beginning on June 10, 2019.  In the statement from the White House, it was noted that to address the emergency...

Last Friday, the United States Trade Representative published a Federal Register requesting comments concerning additional tariffs of up to 25% on additional products of China that have an annual trade value of $300 billion. In addition to requesting comments from the public concerning the increase in tariffs, the USTR published the proposed list of these...

Effective at 12:01 this morning, the United States has increased the tariffs assessed on $200 Billion worth of Chinese goods. These items were identified last September 2018 and originally were assessed at a 10% rate. However, as of today, importers will now be required to pay 25%.  The products subject to this increase are identified...