President Trump has implemented duties on $199 billion of Chinese exports at a rate of 10% from 9/24, rising to 25% from January. The threat of extending this to all Chinese exports – presumably including those already excluded from prior assessments – remains in place. While that may provide some leverage for talks scheduled for 9/27 these appear unlikely to proceed with China set to apply duties to $60 billion of U.S. exports. The revised list excludes 297 items, with the major lines staying on the list continuing to be dominated by electronics. Imports of IT network gear and related p...
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