ANNOUNCEMENT 03 Aug 2018
August 8th, 2018 - China released a roster of $16bn worth of goods subject to new tariffs in response to US action.
NUMBER OF INTERVENTIONS
PRC State Council Tariffs and Tax Standards Commission, August 8th, 2018. (税委会公告〔2018〕7号 国务院关税税则委员会关于对原产于美国
Ibid., December 14th, 2018. (税委会公告〔2018〕10号 关于对原产于美国的汽车及零部件暂停加征关税的公告)
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.
UPDATE: On December 14th, the State Council Tariffs and Tax Standards Commission released Shuiweihui Gonggao 2018/10, which cancelled some of the tariffs pursuant to talks at the G20 summit. 116 automotive-related products from the August 8th announcement had their tariffs waived.
The cancelled tariffs are scheduled to last from January to March of 2019, depending on negotiations.
UPDATE 2: On September 11th, 2019, five items at HS six digit level had their supplementary tariffs suspended for one year, until September 2020. These were: nonionic surfactants, various lubricating oils and refined petroleum products. Please see related act for full information.