Trump Tweets that Additional Chinese Tariffs will be Effective September 1

President Trump tweeted today that new Chinese tariffs will be assessed on consumer goods effective September 1st.  Although trade talks have resumed, a tariff of 10% will be placed on approximately 300 billion dollars worth of products.  In all likelihood, products already shipped but arriving after September 1st will not be affected.

 

Update 

The tariff rate has been increased to 15%