Trump Threatens to Increase 10% Tariffs to 25% on $200 Billion in Chinese Goods Effective Friday, and Apply 25% Tariffs to all Remaining Chinese Imports (From Sandler Travis)
On Sunday, May 5, 2019, President Trump issued two tweets threatening to increase the current 10% tariff on $200 billion in Chinese imports to 25% effective on Friday May 10. He further threatened to impose a 25% tariff on all remaining imports from China. Importers should quickly evaluate exposure and seek ways to mitigate the impact of these potential new tariffs before they go into effect. For more info, please go to:
https://www.strtrade.com/news-news-Trump-Tariff-Increase-Threat-050619.html?mkt_tok=eyJpIjoiTTJObE5UaGhPV0V6WmpNMiIsInQiOiJWY1ZtM3hNK3hKeExDQ2xmN1wvUkJvUU9NZGthS0R4UjlBS3djYjdBVUJXNzdCelhTWHY4SG5vR1RrQVQyditcL0xhSytOUXhicnkzYnV4Wk1WK3JsTnN3anJMKzVWSGdxTGd0QndjWCttRGx6aTNFanVLV0w4RnBHcThCd0k1YytjIn0%3D
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