Skip to content




Markets

Asia Pacific

  • Africa

  • Egypt
  • Africa
  • (Algeria, Tunisia, Libya, Morocco, Nigeria, Kenya, Tanzania, South Africa)

Filter Options
Text :
Search Criteria :
Territory/Country :
Product Group/Product :
News Type :
My Favorites:
 

China slaps retaliatory tariffs on $75 billion US goods

by ChemOrbis Editorial Team - content@chemorbis.com
  • 23/08/2019 (15:56)
China has finally revealed plans for further countermeasures in response to the proposed US tariffs on $300 billion worth of Chinese good.

According to the Customs Tariff Commission of the State Council, tariffs ranging between 5% and 10% on $75 billion US goods will come into effect in two batches on September 1 and December 15 this year. The list of goods was undisclosed at the time of publication, meanwhile.

China will also resume imposing additional tariffs of 25% and 5% on US vehicles and auto parts, starting from December 15.

Earlier this month, the US administration had decided to delay the additional tariffs on some of the $300 billion worth of Chinese-made goods, such as cell phones, footwear, and clothing, until December 15 so as not to hamper Christmas shopping.
Free Trial
Member Login