
Suspended Tariffs Mean Good News for Publishers
In a last-minute reprieve for children’s publishing, the Trump administration announced it was suspending new tariffs on goods from China. The tariffs previously were scheduled to go into effect December 15.
The 15% tariffs were a continuation of the White House’s prolonged “trade war” with China and would have affected children’s picture books, drawing books, and coloring books, as well as printed calendars and postcards, Publishers Weekly reports. The news follows the first round of 10% tariffs, which went into effect September 1 and affected virtually all other printed books, with one notable exception: religious texts.
The suspension of the December tariffs comes after the United States and China reached a “phase one” trade agreement. Reuters reports that in addition to the suspension of the planned December tariffs, tariffs levied in September will remain in place but be cut to 7.5%.
Maria Pallante, president and CEO of the Association of American Publishers, praised the move while nodding to the continued burden the remaining tariffs impose.
“We applaud the Administration for crafting a trade deal with China, effectively reducing and/or suspending a number of tariffs on American books,” Pallante said in a statement to Publishers Weekly. “We look forward to the removal of all tariffs on books—returning us to our nation’s longstanding policy of not imposing tariffs on educational, scientific, and cultural materials.”