Additional Tariffs on China on the Way
By Metal Center News Staff
on Aug 21, 2019
The U.S. will impose an additional 10 percent tariff on approximately $300 billion of Chinese imports, though President Donald Trump pushed back the date some of the tariffs will go into effect to December.
One set of products, including most steel products not previously covered, will be subject to the new 10 percent tariff. That levy goes into effect Sept. 1. Tariffs imposed will be on top of Section 232 duties and any countervailing and antidumping orders, reports the American Iron and Steel Institute.
The tariff on other products has been pushed back to Dec. 15, including many consumer goods.
Certain products are being removed from the tariff list based on health, safety, national security and other factors and will not face additional tariffs of 10 percent.
USTR intends to conduct an exclusion process for products subject to the additional tariff.