The United States says it imposes a 10% tariff on $ 300 billion worth of Chinese goods, while China imposes a retaliatory tariff against it.
According to state-run Xinhua News Agency, the State Council's Customs Bylaws Committee will impose additional tariffs on US $ 75 billion worth of 578 items.
The Customs Committee explained that the tax rate will be divided into 10% and 5% according to the product, and the timing of the charges will be from September 1 and December 15, respectively.
Among the 5,78 items included US oil and soybeans, Reuters Bloomberg reported.
The Tariffs and Customs Commission also announced in a separate announcement that tariffs of 25% and 5% will be imposed on US autos and auto parts that were exempt from tariffs from December 15, respectively.
The recovery of tariffs on cars and auto parts was separate from US $ 75 billion.
The Tariffs and Customs Commission says it will examine the products subject to tariffs and proceed with the tariff exemption.
We will announce a separate notice on how to apply.
China announces tariffs on US $ 75 billion product Automobiles and Parts
2019-08-23T15:05:00.378Z
The United States says it imposes a 10% tariff on $ 300 billion worth of Chinese goods, while China imposes a retaliatory tariff against it. According to state-run Xinhua News Agency, the State Council's Customs Bylaws Committee will impose additional tariffs on US $ 75 billion worth of 578 items.
Source: sbskr