Tariff Increase Officially Delayed Until March 2

Wednesday, December 19, 2018 8:13 AM | Cassondra Franze (Administrator)

The U.S. Trade Representative (USTR) has published a notice in the Federal Register that officially delays the January 1 tariff increase from 10 percent to 25 percent. The notice states that the increase to 25 percent has been pushed back to March 2, 2019. The extension follows a bilateral meeting at November's G-20 Summit in Buenos Aires, Argentina, between President Trump and President Xi Jinping, and the delay opens up time for the two countries to come to an agreement in their trade dispute.

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