The Office of US Trade...............>

US TSY FUTURES: The Office of US Trade Representative (USTR) has annc tariffs on

China goods will start after midnight tonight. Background, according to the

USTR, the U.S. will "impose an additional duty of 25%...on appr $34B worth of

imports from China." According to USTR, Customs and Border Protection will

collect "additional duties on Jul 6." Following another round of "public notice

and comment process, including a public hearing", additional tariffs on "$16

billion worth of imports from China" may be issued. "USTR will issue a final

determination on the products from this list that would be subject to the

additional duties. USTR will issue a notice in the Federal Register with details

regarding this process within the next few weeks." Pres Trump annc last Wed he

"won't invoke emergency law on China," responding to China's "technology theft"

through the Committee on Foreign Investment in the United States (CFIUS), an

inter-agency committee of the US Gov that reviews the national security

implications of foreign investments in U.S. companies or operation.