USTR delays new Section 301 tariffs on Chinese goods

The increased tariffs on a range of Chinese goods announced by the Biden administration in May and set to go into effect on Thursday will be pushed back to later in August as the Office of the U.S. Trade Representative continues to review public comments, the agency said on Tuesday. The tariffs, imposed in 2018 under Section 301 of the Trade Act of 1974 by the previous administration and modified earlier this year following a four-year review, affect billions of...