China Increases Tariffs As Trade Rift Escalates
Posted On
October 03, 2018
China's retaliatory tariffs on $60 billion of U.S. exports went into effect September 24. If the trade war continues, expect the 5% or 10% tariffs on most hardwood products imported from China to be raised to 25%.
Resources:
- Bloomberg: China Strikes $60 Billion of U.S. Goods in Growing Trade War
- American Floors & Blinds News: **Updated 9/24 information on announced import tariffs