From April 2, China imposes tariffs on 128 imports from the United States!
On March 8, 2018, US President Trump signed an announcement confirming that imported steel and aluminum products threatened US national security and decided to impose tariffs (ie 232 measures) on imported steel and aluminum products from March 23. The 232 measures violated the relevant rules of the World Trade Organization and did not comply with the [security exceptions" provision, which actually constituted safeguard measures. This measure was implemented on March 23 and caused serious damage to our country`s interests.
In order to safeguard China`s interests and balance the losses caused by the U.S. 232 measures to China`s interests, I`ve suspended tariff concessions on seven categories of 128 imported goods originating in the United States since April 2, 2018, based on the current applicable tariff rates. Tariffs have been imposed on the importation of tariffs on 120 items of imported goods such as fruits and products, and a tariff rate of 25% on 8 items such as pork and products. The current policy of tax-free and tax-exemption remains unchanged.
China's advocacy and support for the multilateral trading system and the suspension of tariff concessions to the United States are legitimate measures taken by China to use the rules of the World Trade Organization and safeguard its interests.
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