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China to Raise Tariff on the US Imports (Steel Section)

http://en.steelhome.cn [SteelHome] 2019-05-14 10:21:30

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In order to respond the US’s tariff measure that it raised tariff levied on the bulk of $200 billion of China imports, Customs Tariff Commission of the State Council said on Monday (13 May 2019) China would increase tariffs on the bulk of $60 billion of US imports to the three categories of rate between 10% and 25%. For the rest of the US imports, the duty rate remains at 5%. The tariff will hit around 5,000 products such as food, chemicals and auto parts, and are due to take effect on 1 June 2019, commission said.

Among the US imports, there are steel and raw materials which will be levied duty. The details as following:

Table: Tariff on Steel Section

Unit: Tonne; 10,000 Dollars;

 


(To contact the reporter on this story: molly.shi@steelhome.cn or 86-21-50585358)
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