Section 301 Tariffs to Increase an Additional 5%

August 26, 2019
By Danielle Leonard

increase

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 1, 2019 and December 15, 2019, will be increased to 15 percent.

We will keep you informed, if there are any updates. In the meantime, please reach out to your Mohawk customer service representative with any questions.

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