Tag: Tariff
The U.S. reinstates 352 product exclusions from China tariffs.
The U.S. Trade Representative has reinstated 352 product exclusions from Section 301 tariffs on Chinese imports, retroactively effective from October 2021. The exclusions cover industrial components, automotive parts, chemicals, and consumer goods previously subject to 7.5% to 25% tariffs under the Trump administration.
Trump’s tariffs led to billions of losses, Fed research shows
Federal Reserve economists uncovered significant economic disruptions from Trump-era tariffs, revealing unusual trade reporting patterns and potential misreporting by exporters and importers during the US-China trade conflict.
