Finally, we have reached Phase 1 in the US-China trade war. It seems like a long time to wait just to have CERTAIN products from China reduced from 15% to 7.5%. The items covered in this deal are the ones from List 4A, NOT any other list. The reduced duty rate will take effect on… Read more »
Tag: Phase One
Section 301 – Phase 1
On Friday the United States announced they will suspend the 5% tariff hike that was expected today. This is being called “Phase One” of the negotiations in what people believe will pave the way for future deals. For most people this does not satisfy their call for an end to the tariffs but as we… Read more »