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USTR Statement on Section 301 Tari Action Regarding China
08/23/2019
Washington, DC - Today, China announced it will impose unjustified tari s targeting U.S. products. In response to China’s decision, and in order to achieve the objectives of the China Section 301 investigation, President Trump has instructed the United States Trade Representative (USTR) to increase by 5% the tari s on approximately $550 billion worth of Chinese imports. For the 25% tari s on approximately $250 billion worth of Chinese imports, USTR will begin the process of increasing the tari rate to 30%, e ective October 1 following a notice and comment period. For the 10% tari s on approximately $300 billion worth of Chinese imports that the President announced earlier this month, the tari s will now be 15%, e ective on the already scheduled dates for tari increases on these imports.
USTR will publish in the Federal Register as soon as possible additional details on today’s announcement.
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