$200 Billion in Tariffs Takes Effect Sept. 24 as Trump Threatens $267 Billion More
A third tranche of tariffs, on $200 billion worth of Chinese imports, takes effect Sept. 24 at a 10 percent rate, rising to 25 percent after Jan. 1, said President Donald Trump Monday evening. The administration will “immediately pursue” a fourth batch of duties, on $267 billion of additional imports, if China retaliates against the third installment, said Trump. "China has been unwilling to change its practices.”
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The administration removed some additional subsets of products within certain tariff lines, sparing smartwatches and Bluetooth devices imported to the U.S. under the broad 8517.62.00 tariff code, said government officials.
Many tech and telecom groups oppose such penalties. See our Sept. 13 report here.