United States and China Reach Phase One Trade Agreement – No December 15 Rate Increase

This news just announced by the Office of the United States Trade Representative – the December 15, 2019 additional 15% tariff on China goods will NOT go into effect. In addition, there may be a decrease on some imports as the article hints below. The full article can be found on the US Trade Representative web page.

C J International will continue to monitor the situation and keep you informed.