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White House Now Says Section 301 Tariffs Coming Soon

The 25 percent tariffs on $50 billion worth of goods from China will go forward, the White House announced on May 29.  “The final list of covered imports will be announced by June 15, 2018, and tariffs will be imposed on those imports shortly thereafter,” said the White House.  The announcement comes just over a week from when the Trump administration said on May 20 it planned to put the Section 301 tariffs on hold while China and the U.S. worked on the framework of an agreement.

For more details, please visit the White House’s website at:  https://www.whitehouse.gov/briefings-statements/statement-steps-protect-domestic-technology-intellectual-property-chinas-discriminatory-burdensome-trade-practices/.