US posts notice on some China tariff levels


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US posts notice on some China tariff levels.

  • Notice applies to low-value imports from China and Hong Kong.

With blanket tariffs of 145% on all China imports, if it were to persist, it would be a very bleak Christmas season especially for the less fortunate. The report does not put a tariff level on the low value imports, or it applies to. I would imagine that these products are cheap and have lower profit margins leading to difficult decisions from small businesses who sell the goods

This article was written by Greg Michalowski at www.forexlive.com.

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