UPDATE: Section 301 Increased Duties Postponed
On September 21st of last year, the USTR published its intent to increase tariffs on goods imported from China by 10%, beginning on September 24th. Additionally, the increase was originally set to jump to 25% on January 1, 2019.
However, on December 19th, the 25% duty increase date was changed to March 2, 2019. Then, on February 24th, President Trump again delayed the increase without specifying a particular date. For now, the tariff increase remains at 10%, with the Section 301 duties applying only to imports from China.
For more information, or to read the full article from U.S. Customs and Border Protection, click here.