China 301 Tariffs Update: Tranche 3 of Tariffs to Remain at 10%
President Donald Trump and Chinese President Xi Jinping reached a deal to keep Tranche 3 of the China 301 tariffs at 10% until further notice. This group of tariff numbers were set to increase from 10% to 25% on March 2nd, 2019. The first and the second tranche of tariff numbers will remain at 25% duty.
The U.S. and China continue to engage in negotiations surrounding forced technology transfer, intellectual property protection, non-tariff barriers, cyber intrusions and cyber theft, services and agriculture.