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Doubts over the progress of negotiations between the U.S. and China have been raised today as President Trump announced that the U.S. has not agreed to roll back tariffs as part of an agreement to end the trade dispute, contradicting statements from China’s Ministry of Commerce and several news reports. Based on recent news reports, it appeared that the United States and China had agreed in principle to gradually reduce and eliminate tariffs that have been imposed by both countries in an effort to relieve to markets beleaguered by the global economic slowdown.

In prior negotiations, China demanded that all new tariffs authorized by President Trump be eliminated prior to making any concessions. However, no official agreement to bring an end to the trade war between the U.S. and China has been signed yet. That is expected to occur sometime in November, though the time and location of the signing is still to be determined.  President Trump and Chinese President Xi Jinping were originally intending to meet at the Asia-Pacific Economic Cooperation (APEC) summit in Chile, which was abruptly cancelled by the Chilean government due to the civil unrest there.

At the time of this post’s publication, there is only speculation as to how extensive the roll back of tariffs will be and which of the United States’ tariff actions will be included in “phase one” of the agreement. Phase One, expected to be signed within the next few weeks, could include eliminating September’s 15% Section 301 List 4a tariffs as one of the terms. It is also likely that Phase One of the interim truce will include an agreement to eliminate the upcoming 15% tariffs on List 4b, which are currently scheduled to take effect on December 15, 2019.

We will continue to monitor this situation and will provide future updates as additional details become available.  In the meantime, please contact Husch Blackwell’s International Trade and Supply Chain team for more information.

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Photo of Nithya Nagarajan Nithya Nagarajan

Nithya’s extensive background in U.S. trade issues spans 25 years and includes various roles in a number of federal government agencies, including the Department of Commerce Department of Justice, and the U.S. Court of International Trade. She assists clients with administrative and regulatory…

Nithya’s extensive background in U.S. trade issues spans 25 years and includes various roles in a number of federal government agencies, including the Department of Commerce Department of Justice, and the U.S. Court of International Trade. She assists clients with administrative and regulatory actions before the Department of Commerce, International Trade Commission and U.S. Customs and Border Protection (CBP) and defends clients in appeals before the Court of International Trade, Court of Appeals for the Federal Circuit, NAFTA panels and the World Trade Organization. In addition to her body of U.S. experience, Nithya is also well-versed in international trade issues in China and India.

Photo of Cortney Morgan Cortney Morgan

An experienced attorney in the area of international trade and supply chain issues, Cortney advises foreign and domestic clients on all aspects of international trade regulation, planning and compliance, including import (customs), export controls, economic sanctions, embargoes, international trade agreements and preference programs.

Photo of Camron Greer Camron Greer

A trade analyst, Camron researches transitions in global trade policy and their impact on client business matters. Camron assists clients, attorneys and legal teams when trade, business and the law intersect.

Photo of Turner Kim Turner Kim

A trade analyst, Turner conducts industry research and analyzes trade data to assist attorneys with client proceedings at the U.S. International Trade Commission, U.S. Department of Commerce and U.S. Court of International Trade. He also actively monitors U.S. government and global trade developments…

A trade analyst, Turner conducts industry research and analyzes trade data to assist attorneys with client proceedings at the U.S. International Trade Commission, U.S. Department of Commerce and U.S. Court of International Trade. He also actively monitors U.S. government and global trade developments for issues relating to client’s most critical trade matters.