25 Jul China Section 301 Sanctions
The Trump administration has announced that effective September 24th, an additional $200 billion worth of Chinese goods will be subject to an additional 10% duty, bringing the total worth of goods subject to additional tariffs to $250 billion in value.
The administration has also threatened to increase the 10% to 25% at the end of the year if China has no “responded to meaningful negotiations.”
Should China retaliate, $267 of additional goods will be added to a new list.
Effective August 23rd, an additional $16 billion worth of Chinese goods became subject to the 25% additional tariffs.
On Friday, June 15th, the US Administration announced and published the list of products from China that subject to additional 25% tariffs, effective July 6, 2018.