Tariff Increase Officially Delayed until March 2

Please note that the Office of U.S. Trade Representative (USTR) has announced that March 2 is the official date on which an increase of 15% on $200 billion worth of Chinese imports (incremental over the 10% imposed in September) will take effect if China and the U.S. do not reach agreement during the 90 day period established at this year’s G20 Summit.