Chinese Tariff Increase

Over the weekend President Trump has threatened that the additional duty on $200 billion worth of goods being imported from China could increase from the current 10% to 25%. The key word right now is THREATENED – that means there is still a chance that this weeks meeting with the Chinese delegation could produce another extension. At this time there is no official communication from the White House and they have delayed these increases twice before so for now we are keeping our fingers crossed.

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