President Trump Announces $200 Billion in Section 301 Tariffs on China

Posted by Matt Schmitt on 9/17/18 5:00 PM

On September 17, 2018, U.S. President Donald Trump announced the implementation of an additional $200 Billion of Section 301 tariffs on goods imported from China.

According to the Office of the U.S. Trade Representative (USTR), the final list of tariffs contains 5,745 lines of the original 6,031 tariff lines first proposed on July 10, 2018.

The latest round of tariffs will take effect on September 24, 2018 at a rate of 10% until the end of the year. On January 1, 2019, the rate of the tariffs will increase to 25%.

 

The President’s statement may be found here:

https://www.whitehouse.gov/briefings-statements/statement-from-the-president-4/

The USTR’s press release may be found here:

https://ustr.gov/about-us/policy-offices/press-office/press-releases/2018/september/ustr-finalizes-tariffs-200

The final tariff list may be found here:

https://ustr.gov/sites/default/files/enforcement/301Investigations/Tariff%20List_09.17.18.pdf

Topics: China, USTR, Tariffs, Trade Remedies

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