ANNOUNCED AS TEMPORARYNo
On August 8th, 2018, the Chinese Ministry of Finance published its response to a new round of US tariffs that specifically targeted China.
The new round implicates trade in USD 16bn worth of goods: exactly the same as the US tariffs from the day prior.
The new tariffs are all at a supplementary 25% rate and go into effect on the 23rd August 2018.
The announcement stated that the new tariffs will follow the same implementation pattern as the previous round; please see related measure for more information.
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