7th World Antimony Forum
June 13-14, 2019
Changsha, Hunan, China
7th Refractory & Abrasive Materials Summit 2019
May 23-24, 2019
Qingdao, Shandong, China
10th Aluminum Raw Materials Summit
May 16-17, 2019
Zhengzhou, Henan, China
11th Rare Earth Summit
May 9-10, 2019
Qingdao, Shandong, China
8th Magnesium Summit
April 11-12, 2019
Zhuhai, Guangdong, China
12th World InBiGeGa Forum
March 14-15, 2019
Zhuhai, Guangdong, China
6th World Manganese & Selenium Forum
May 21-22, 2018
Hainan Sanya, China
6th World Antimony Forum
April 23-24, 2018
Zhangjiajie, China
6th International Refractories & Abrasives Summit
April 19-20, 2018
Beijing, China
China to impose additional tariffs on U.S. goods worth USD75 billion
2019-08-26 10:02:24 【Print】
Customs Tariff Commission of the State Council announced on 23 August that China will impose additional tariffs on U.S. goods worth about USD75 billion.
According to the announcement, the U.S. decided to impose an additional tariff of 10% on Chinese goods worth about 300 billion from 1 September and 15 December, 2019 respectively, which further escalated the China-U.S. trade friction, greatly damaged interests of China, U.S. and other nations and severely threatened the multilateral trade system and free trade principle.
In response to the abovementioned U.S. decision, China has to take countermeasures. Based on laws, regulations and basic principles of international laws, Customs Tariff Commission of the State Council got the approval from the State Council and decided to impose additional tariffs of 10% and 5% on U.S. goods of 5,078 tax items worth about USD75 billion, starting from 12:01 of 1 September and 12:01 of 15 September, 2019 respectively.
.
According to the announcement, the U.S. decided to impose an additional tariff of 10% on Chinese goods worth about 300 billion from 1 September and 15 December, 2019 respectively, which further escalated the China-U.S. trade friction, greatly damaged interests of China, U.S. and other nations and severely threatened the multilateral trade system and free trade principle.
In response to the abovementioned U.S. decision, China has to take countermeasures. Based on laws, regulations and basic principles of international laws, Customs Tariff Commission of the State Council got the approval from the State Council and decided to impose additional tariffs of 10% and 5% on U.S. goods of 5,078 tax items worth about USD75 billion, starting from 12:01 of 1 September and 12:01 of 15 September, 2019 respectively.
.