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That ended on Tuesday, as the president revealed he was considering a new 10% tariff on Chinese imports that could come into effect as early as Feb 1. Trump accused China of sending fentanyl to ...
But several items have been exempt from tariffs. One of the biggest exemptions: consumer electronics. But if Trump proceeds with a 10% blanket tariff on Chinese goods that would no longer be the case.
The tax that Trump says he's looking at now for China is lower than the 60% tariff he threatened to impose on Beijing last year but consistent with the 10% tax he pledged as president-elect.
The bill, called The Restoring Trade Fairness Act, would end China’s PNTR status and create a new tariff column for China: imposing a minimum 35 percent ad valorem tariff on non-strategic goods ...
Those included a 10% to 20% tariff on all foreign imports, a 60% to 100% additional tariff on Chinese imports, and a 25% tariff on Mexican imports. Read more: How do tariffs work, and who really ...
It found that the proposed tariffs — a universal 10% to 20% tariff on imports from all foreign countries and an additional 60% to 100% tariff on imports specifically from China — would apply ...
The final tariff decision does provide some temporary relief for U.S. port operators who were facing a new 25% tariff on massive ship-to-shore cranes, an industry that China dominates with no U.S ...
The tariffs are meant to protect American jobs from a feared flood of cheap Chinese imports. The new measures affect $18 billion in current imported Chinese goods including steel and aluminum ...