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U.S. Prepares to Boost Tariffs on Chinese Imports, Citing “Lack of Progress” in Trade Talks

Alert May 8, 2019

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  • US Prepares to Boost Tariffs on Chinese Imports Citing Lack of Progress in Trade Talks

U.S. Prepares to Boost Tariffs on Chinese Imports, Citing “Lack of Progress” in Trade Talks

May 8, 2019, Covington Alert

On May 8, the U.S. Administration confirmed its intent to increase tariffs on $200 billion in Chinese imports from 10 percent to 25 percent, effective Friday, May 10, 2019, and establish a process for requesting exclusions from these tariffs. As justification for these actions, the Administration cites the “lack of progress in discussions with China” and concerns that “China has chosen to retreat from specific commitments agreed to in earlier rounds” of talks.

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