ANNOUNCED AS TEMPORARYNo
On August 23rd, 2019, the Chinese State Council Tariffs and Tax Standards Commission announced in Shuiweihui Gonggao 2019/5 (hereafter, 'Announcement') that several import tariffs on automobile imports from the USA were being reinstated after being removed in a 'truce' agreed between the two powers earlier that year.
The tariffs had been announced in a series of previous releases and will be reinstated from the date of the announcement's promulgation.
The Announcement relates to tariffs mentioned in several other releases, in summary, a 25% tariff was applied to 95 items, and a 5% tariff was applied to 67 items.
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