Toronto, February 25, 2019
There will be no increase in U.S. tariffs on China imports, U.S. President Donald Trump has announced. This means the additional U.S. tariff on $200 billion of Chinese-made products will remain at 10%, pending a meeting between the national leaders at a Trump vacation property in Florida. No date has been announced. The plan was to hike the rate to 25% on March 1.
For more information, please call Brian Rowe, Director – Customs Compliance & Regulatory Affairs at (905 882-4880, ext. 213.