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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