Sadie Keljikian, Express Trade Capital
Due to delays in establishing a trade deal between the US and China, the President unofficially announced plans to raise the trade remedy tariff from 10% to 25% effective Friday. This will seemingly apply to all List III goods. The President also suggested a possible extension of the trade remedy tariffs to all imports from China.
Although an official notice has not been published yet, it is wise to prepare for the tariff increase as of May 10 if you import any included goods from China.
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