New Round of Chinese Tariffs Threatened

The President has threatened to impose another round of tariffs on China. In a “60 Minutes” interview with CBS on Sunday, Trump claimed the Chinese involvement in American politics was a bigger problem than possible Russian involvement in the 2016 election.

Trump stated on “60 Minutes” that while he did not want to push the Chinese economy into a depression, he does want the country to negotiate a fair trade deal. If this does not happen, more tariffs might be in the future, Trump told CBS.

“I want them to negotiate a fair deal with us. I want them to open their markets like our markets are open,” said Trump.

As of September 24, 2018, the U.S. has imposed a 10 percent tariff on Chinese goods, which includes glass and glazing products. If there is no trade negotiation, the tariffs will increase to 25 percent on January 1, 2019. Some of the Chinese products affected include:

• Various float glass products;
• Glass mirrors;
• Glass frit;
• Laminated safety glass;
• Glass in the mass of fused quartz or other fused silica; and
• Enamels, glazing, pigments, colors and lustres for the glass industries.

Base metal door closers suitable for buildings, base metal automatic door closers and base metal parts are also affected. Base metal, other than iron, steel, aluminum or zinc, mountings and fittings suitable for buildings are also included in the tariffs.

There has been no other mention of future tariffs from the administration.