No New Deadline for Next Round of 301 Tariffs

Date: March 5, 2019
U.S. Trade Representative officials said last week that they will not set a new deadline for President Trump to raise tariffs on Chinese goods if U.S.-China trade talks fumble. However, on Thursday, the Trump administration, citing progress in talks with Beijing, formally delayed a planned increase in tariffs on $200 billion worth of Chinese goods “for an indefinite period,” according to reports. Multiple reports indicate that a deal is close.

"[A]t the direction of the President, the Trade Representative, has determined that it no longer is appropriate for the rate of duty under the September 2018 action to increase to 25 percent on March 2, 2019, and that the rate of duty under the September 2018 action will remain at 10 percent until further notice," the Office of the U.S. Trade Representative said in a Federal Register notice published on its website.

A summit meeting between Trump and Xi is expected to take place in late March. 
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