U.S. Trade Policy Yoyos Over the Weekend
President Trump veered between escalation of the trade war with China by increasing tariffs even more to hinting that there were productive talks happening with Beijing, an assertion that was not corroborated by the Chinese in a dizzying week for importers at the G-7 meetings in France. But the bottom line for sporting goods importers is that duties on List 3 that affected a handful of industry products will now increase from 25% to 30% on Oct. 1 and the List 4 tariffs that affect almost all the remaining industry products will increase to 15% from 10% when they go ... Log in to view full article.