Last Friday, the Office of the United States Trade Representative (“USTR”) issued lists of products from six countries that may be subject to additional 25 percent tariffs. The proposed product lists identified by USTR are designed to offset digital services taxes (“DST”)[1] imposed by Austria, India, Italy, Spain, Turkey and the United Kingdom, and that USTR…
Tag: tariffs
[US-China Trade War] Chinese Jewelry Will Still Be Tariffed in 3 Weeks
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…