HomeLive CommentsChina announces additional tariffs on 5207 US imports, valued at USD 60B,...

China announces additional tariffs on 5207 US imports, valued at USD 60B, rates from 5% to 25%

ActionForex
By ActionForex

More from China, the Finance Ministry announced the counter measures to US threat of imposing 25% products on USD 200B in Chinese goods. The State Council’s Customs Tariff Commission decided to impost additional levies on 5207 US products, totalling around USD 60B in value.

Additional 25% tariff will be imposed on 2493 products, additional 20% on 1078 products, additional 10% on 974 products and additional 5% on 662 products. The effect date is to be determined.

Here is the official statement in simplified Chinese.

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