US to delay some tariff increases
On August 13, 2019, it was announced that the US is delaying imposing tariffs on over $300 billion dollars of imports from China until Dec 15th because of “health, safety, national security and other factors” according to The Washington Post and other news sources.
The products include mobile phones, laptops, video game consoles, some toys, computer monitors, and certain footwear and clothing. The Trump administration say’s this delay was in part to avoid hitting US shoppers this Christmas.
The USTR released additional information and has split the list of goods into List 4A: https://ustr.gov/sites/default/files/enforcement/301Investigations/List_4A_%28Effective_September_1%2C_2019%29.pdf
Mr. Trump hinted that he was expecting something in return, suggesting that China’s failure to “buy big” from the US farmers could be about to change.
It would be beneficial to review the items on both lists to determine if any of your products will be subject to the tariffs and what the effective date will be.
For more information on this issue click here: https://ustr.gov/about-us/policy-offices/press-office/press-releases/2019/august/ustr-announces-next-steps-proposed
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