President Trump Announces Target on Chinese Imports

August 2, 2019 – President Trump announces an additional intention to proceed with 10% duties on remaining Chinese imported goods valued at $300 billion. These duties will go into effect on September 1, 2019.

In his tweet, he stated:

“Our representatives have just returned from China where they had constructive talks having to do with a future Trade Deal. We thought we had a deal with China three months ago, but sadly, China decided to re-negotiate the deal prior to signing. More recently, China agreed to buy agricultural product from the U.S. in large quantities, but did not do so. Additionally, my friend President Xi said that he would stop the sale of Fentanyl to the United States – this never happened, and many Americans continue to die! Trade talks are continuing, and during the talks the U.S. will start, on September 1st, putting a small additional Tariff of 10% on the remaining 300 Billion Dollars of goods and products coming from China into our Country. This does not include the 250 Billion Dollars already Tariffed at 25% We look forward to continuing our positive dialogue with China on a comprehensive Trade Deal, and feel that the future between our two countries will be a very bright one!”

Currently, the Trump Administration has not released any official details on this recent communication. However, as past decisions by President Trump have been true to word, and previously planned to target duties on the proposed List 4, there is the likelihood these 10% duties will be applied to most, if not all, items on that list. Furthermore, there has been no mention yet whether an exclusion process will be available for the products on this latest round of 10% duties.