Next Round of 301 Tariffs Hinges on Meeting with Chinese President

President Trump is scheduled to meet with Chinese President Xi on November 20th. Yesterday, Trump said the 301 tariffs on the remaining $267 billion Chinese imports will be imposed if the US and China cannot make a deal. 

Should China fail to meet demands for changes in their trade, technology transfer, and industrial subsidy policies, the US is prepared to issue “List 4” by early December with the additional duties going into effect in January or early February. 

This final list would include apparel, footwear, toys, and other consumer products. While nothing is final yet, importers should prepare for additional duties in 2019.

Vandegrift continues to follow this issue and will advise as new information becomes available.