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March 23, 2019

China imposes customs tariffs on 128 US goods


China customs tariffsChina said it imposes new duties on 128 US goods, including meat, fruits and other products, as a response to the Donald Trump’s customs tariffs on imports of steel and aluminum. The Chinese finance ministry said the new customs will take effect today. The value of imported goods amounts to 3 billion USD.

The statement was made following the warnings made by Chinese authorities in recent weeks in an intensifying trade dispute with the United States.

China has increased its import duty by 25% on eight US products, including pork, and imposed a new 15% duty on 120 US goods including fruit.

China said it would impose customs tariffs on US goods worth 3 billion USD in response to Washington’s steel and aluminum constraints. Then it became clear that the duties would be directed against American pork, recycled aluminum, steel pipes, fruit and wine.

At the same time, China announced that it would also take legal action against the United States to the World Trade Organization in connection with import duties on steel and aluminum.


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