Tariffs were set to increase to 30% from 25% on the goods, including bolts, screws and other fasteners manufactured in China.
Tag "301 Tariffs"
October 01
09:34
2019
U.S. President Donald Trump agreed to delay increasing tariffs on $250 billion worth of Chinese imports from Oct. 1 to Oct. 15 “as a gesture of good will,” Reuters reports. The tariffs were set to increase to 30% from 25% on the goods, including bolts, screws and other fasteners manufactured in China.
July 10
23:29
2019
Companies requesting exemptions must demonstrate that the product is available only from China, that the tariff will cause severe economic harm and that the product is "strategically important."
August 07
18:50
2018
The Office of the U.S. Trade Representative announced that the Section 301 duty to be imposed on $200 billion worth of Chinese goods, including fasteners, will be 25% instead of 10% announced on July 10.