Section 301 China Tariffs

The comment period and testimony related to President Trumps Section 301 China Tariffs investigation have finished. The basic outcome is that there will not be any additional tariffs at this time. The President stated that China has agreed to purchase more US goods and services as well as more American farm products which will help to close the trade deficit which was $375 BILLION in 2017. Many insiders do not think this was enough, especially after all the tough talk leading up to the meeting. There are many export companies that will benefit from the additional purchases made by China as well as many importers who rely on the low prices of Chinese goods to stay in business. Many silicon valley companies are still concerned about China stealing their IP however that is much more difficult to regulate. There will always be many who believe that China will not keep up their end of the bargain but only time will tell.

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