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China Imposes Retaliatory Import Tariffs on US$60 Billion Worth of US Goods

Following the 2 August decision by the US government to raise the proposed additional tariffs on US$200 billion worth of Chinese goods from 10% to 25%, the Customs Tariff Commission of China’s State Council responded by announcing additional tariffs on 5,207 categories of US-origin goods with a total import trade value of approximately US$60 billion. The additional China-imposed tariffs range from 5% to 25%, with nearly half (2,493) at the top end of the scale:

  • additional 25% tariffs on 2,493 categories
  • additional 20% tariffs on 1,078 categories
  • additional 10% tariffs on 974 categories
  • additional 5% tariffs on 662 categories

Enacted in accordance with the Foreign Trade Law of the People’s Republic of China and the Import and Export Tariff Regulations of the People’s Republic of China, the additional tariffs will be levied on the basis of the existing taxation method and the applicable tariff rates. Any existing policies with regard to bonded goods and tax reduction / exemption remain in force, although no reduction or exemption will be granted in the case of the additional tariffs. An implementation date for the supplementary tariffs will be announced in due course.

For further details (in Chinese), please visit the following link:

Announcement of the Customs Tariff Commission of the State Council on Levying Additional Tariffs on Some Import Goods Originating from the US (Second Batch) (Customs Tariff Commission Announcement No. 6 [2018]

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