New Tariffs Could Take Effect As Early as August
The schedule released yesterday by the U.S. Trade Representative’s office fast tracks the public comment period with hearings set to begin in three weeks, which would allow for the Administration to make a decision on the final list of products and the amount of the tariffs sometime in July with the tariffs going into effect the following month. That will obviously leave companies facing the new tariffs with no practical way to develop alternatives, even if they could. Most cannot anyway.
The amount of the tariffs is up to 25%, which leaves open the possibility that the Administration could start at ... Log in to view full article.