No Progress As Talks Conclude On Section 301 Tariffs

Three days of trade negotiations with China to address tariffs concluded on Jan. 10 without a significant breakthrough or details on when talks would continue. China’s Ministry of Commerce issued a statement saying that there were “detailed exchanges” and that both sides would “maintain close contact.” Neither party offered specifics.

On Dec. 3, 2018, President Trump put a 90-day hold on a planned increase in tariffs on $200 billion worth of goods from 10 percent to 25 percent to allow time for negotiations. The increase will take effect March 2, unless an agreement is reached.

- Advertisement -

- Advertisement -

- Advertisement -

TRENDING NOW

RELATED CONTENT

Domino's UK

Domino’s to Hire 5,000 in U.K.

With booming sales during the pandemic, Pizza chain ready to bolster its British hiring.

Read More...

100,000 Restaurants Lost to COVID

The industry is on track to lose $240 billion this year alone, warns trade group.

Read More...

In August, Restaurant Customers Were Happy With Food and Service

But diners are starting to bristle at higher check averages.

Read More...