ATTN: USTR Officially Delays China Tariff Increase
The president announced a delay in the increase of tariffs from 10% to 25%. Originally, this was scheduled to go into effect on January 1, 2019, but has been delayed until March 2, 2019.
This is good news for the industry, the American people and the U.S. economy. We hope the government will use this time over the next few months to consider alternate, more effective solutions to handle trade issues with China.