US Maintains Trump-Era China Tariffs, While Review Continues
The U.S. government said that it will continue to impose tariffs on hundreds of billions of dollars worth of Chinese goods on Sept. 2, while continuing the statutory review of those tariffs initiated during the Trump administration.
The Office of the U.S. Trade Representative (USTR) said in a federal notice that the department received requests from more than four hundreds U.S. companies and interested parties this spring and summer to maintain the “Section 301” tariffs imposed on Chinese products in 2018 and 2019.
The U.S.-China trade war broke out in 2018 as former President Donald Trump moved controversially to penalize China’s ruling communist party (CCP) for its long-held unfair trade practices, including benefiting from forced labor from the Chinese populace. The Trump administration successively imposed punitive tariffs of 7.5 to 25 percent on more than $360 billion of imported products from China….