The Trump administration is delaying planned tariffs in order to save Christmas for toy, clothing, footwear, and electronic retailers—although some in the jewelry business are wondering why it also didn’t get a last-minute reprieve. In a surprise reversal, the administration delayed tariffs on certain goods imported from China until Dec. 15 to prevent an impact on…
Tag: additional tariffs
【US-China Trade War】Additional Tariffs on Mainland China List 4 Goods on Hold; List 3 Exclusion Requests Being Accepted
President Trump announced on 29 June following a meeting with mainland Chinese President Xi Jinping that the United States will suspend plans to impose additional tariffs of up to 25 percent on so-called List 4 goods from mainland China, which have a current import value of approximately US$300 billion. Trump also vowed to relax the…