Earlier this month, President Trump announced via Twitter that he will impose a 10% Tariff on all remaining imports from China. This escalation of the trade war is in response to the Chinese not keeping their promise to purchase U.S. agricultural products, as well as stop the sale of Fentanyl into the U.S. These tariffs... Read more »
Last September the Trump Administration enacted a 10% tariff on more than $200 billion worth of Chinese goods. Over the past weekend, President Trump announced via Twitter that the tariffs will be increased from 10% to 25% effective May 10, 2019. The increase had initially been slated to go into effect on January 1st, 2019... Read more »
President Trump again delayed a 10 to 25 percent increase on Section 301 tariffs that was scheduled to go into effect on March 1st. This came with the announcement that President Trump will be meeting with Chinese President Xi Jingping in late March to continue negotiations. The reaction to this news has been mostly positive,... Read more »
The Trump Administration announced Monday, September 17th it will enact tariffs on more than $200 billion worth of Chinese goods. The U.S. tariffs start at a rate of 10%, before rising to 25% at the end of the year unless a resolution is reached between the U.S. and China. On Tuesday, China had already announced... Read more »
As the trade war between China and the United States escalates, the latest list of tariffs imposed on Chinese imports is sure to shake up the chemical industry and those who depend on chemical raw materials in their manufacturing. The latest list contains many chemicals, chemical intermediates, and pharmaceutical precursors which will be subject to... Read more »
There has been much concern about the chemical products included on the list of proposed tariffs on Chinese goods and how it will affect chemical markets in the U.S. On June 15th, the Office of the U.S. Trade Representative (USTR) released two lists of products that will be subject to additional 25% tariffs on Chinese... Read more »
