Omnibus Trade Bill and Trade Enforcement Tariffs Against China

The Omnibus Trade Bill, which will clear the way for GSP renewal has passed in both the House and the Senate.  However; early this morning the President threatened that he may veto the Bill over immigration issues.  

Yesterday, the President announced his plan to go through with a "series of trade enforcement actions designed to punish China for years of widespread violations of U.S. intellectual property rights" the White House said. A list of some 1,300 tariff lines on goods imported from China are expected to be subject to the additional tariffs. The list should be announced in the next 15 days.

These are both developing situations and Vandegrift will continue to provide new information as it becomes available.