Outlook
On June 20, 2018, the USTR announced a final list of tariffs which applied to 818 of the 1,333 products that were included on the original proposed list. A 25% tariff on these products went into effect July 6, 2018. In a notice published August 16, 2018, the USTR determined to take additional action and add 25% tariffs to another list of products, which went into effect on August 23, 2018. Then, on Sept. 17, 2018, USTR finalized tariffs on approximately $200 billion Chinese imports.
Tariffs went into effect Sept. 24, 2018, initially at 10%.