Tariff Increase Deadline Postponed for Products in Section 301

Ashley Boroski MendozaNews, Shipping From ChinaLeave a Comment

President Donald Trump said on Sunday Feb. 24th that he would delay the deadline to increase tariffs on $200 billion in Chinese imports that were originally scheduled for Friday March 2nd.

According to the president’s declarations, both sides have progressed in the negotiations of key issues including Intellectual property rights, technology, agriculture and energy products like natural gas.

Despite the progress announced by Trump, China has still yet to make official commitments to any of the core issues mentioned before.

Once this change is formalized, the products included in the section 301, or List 3 as it is widely known, will remain at 10 percent, as there’s no other deadline scheduled for increasing the tariff to 25 percent, at least in the near future.

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Ashley Boroski Mendoza
Ashley has worked in the George W. Bush Presidential Administration in both the White House and DHS. She later worked as a policy advisor in the Senate and representing top retailers to the federal government at the premier retail trade association. Currently, she is the Director of Global Growth Strategy at LILLY+ Associates ensuring exceeded growth annually.

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