ANNOUNCED AS TEMPORARYNo
On the first of April, 2018, the Chinese Ministry of Financed published a directive stipulating increased tariffs on some US goods.
128 items were affected in total, including nuts, wines and steel pipes, which were among the 120 items to be hit with a 15% import tariff. A further eight items, including pork and aluminium waste, were hit with a 25% tariff.
This follows China's notification to the WTO in March on the suspension of concessions and other obligations stipulated in WTO Safeguard Agreement, see related intervention. The duties are imposed in reaction to the US steel and aluminium safeguard duties, see related state acts.
A few days following this, another tariff announcement was released, affecting further items. Please see related state act for more details.
Notably, a number of other countries also imposed retaliation measures in the form of duties in reaction to the imposition of steel and aluminium duties by the United States, see related state acts.
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