US Importers Assessed $47.9B in Section 301 Chinese Tariffs Since 2018, Says CBP

Customs and Border Protection assessed $47.85 billion in Trade Act Section 301 tariffs on Chinese imports through Wednesday, said the agency’s trade statistics page Friday. The Trump administration imposed the first tariffs in July 2018 (see 1806150030) and has kept them in place on more than $500 billion worth of Chinese imports at rates up to 25%.