China formally starts imposing additional tariffs on some U.S. goods from June 1st
2019-06-03 16:57:59 [Print]
According to Announcement No.3 of 2019 released by the Customs Tariff Commission of the State Council, China has started imposing additional tariffs on some goods from the U.S. since 1 June.
Based on the announcement, the Customs Tariff Commission of the State Council imposes additional tariffs of 25%, 20% and 10% on some U.S. goods in the list of commodities worth about USD60 billion. For tax items that were imposed an additional tariff of 5%, the Customs Tariff Commission still adopts the same tariff.
Based on the announcement, the Customs Tariff Commission of the State Council imposes additional tariffs of 25%, 20% and 10% on some U.S. goods in the list of commodities worth about USD60 billion. For tax items that were imposed an additional tariff of 5%, the Customs Tariff Commission still adopts the same tariff.
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