Early this morning, with the approval of the State Council, the Customs Tariff Commission of the State Council decided to suspend tariff reduction obligations on certain imported goods originating in the United States and implemented it on April 2, 2018.
On March 8, 2018, US President Trump signed an announcement confirming that imported steel and aluminum products threatened US national security and decided to impose tariffs (ie 232 measures) on imported steel and aluminum products from March 23.
This measure was implemented on March 23 and caused serious damage to our interests. In order to safeguard our country’s interests, we will balance the losses caused by the U.S. 232 measures to our country’s interests.
Since April 2, 2018, I have suspended duties on seven categories of 128 imported products originating from the United States and have imposed tariffs on the basis of the current applicable tariff rates, and imposed 120 imported products such as fruits and products. The tariff rate is 15%, and the tariff rate on 8 imported goods including pork and products is 25%. The current policy of tax-free and tax-exemption remains unchanged. ——Yeslinkele.com