Tariff increase for shoes imported from China to the United States postponed
02.07.2019 1360

Tariff increase for shoes imported from China to the United States postponed

President Trump and President C agreed on Saturday to postpone the introduction of new tariffs and continue to conduct trade negotiations after the meeting on the occasion of the G-20 summit in Osaka, writes Worldfootwear.com.

As a result, at the moment, the United States decided not to introduce the 25% tariff on all shoes imported into the United States from China, the introduction of which Trump has repeatedly announced earlier. However, this decision will not affect the 25% tariff, which the United States has already set for the import of a number of Chinese-made goods, the volume of which totals approximately $ 250 billion.

Trump also noted that US companies will be allowed to sell products to Chinese company Huawei, and China will buy more agricultural products.

President Trump and President Xi agreed on Saturday to postpone the introduction of new tariffs and continue to conduct trade negotiations after meeting on the occasion of the G-20 summit in Osaka, writes ...
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