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May 6, 2019

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President Trump Threatens Section 301 Tariff Increase and Additional 25% on $325 Billion

May 6, 2019 Global News
President Trump Threatens Section 301 Tariff Increase and Additional 25% on $325 Billion

On Sunday, May 5, President Trump tweeted that the 10% tariffs on Section 301 list 3 goods will increase to 25% on May 10, 2019. If implemented, this may have a profound impact on many importers who have found ways to cope with the 10% additional duty but may find it difficult to remain competitive…

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