China to Begin Imposing 25% Tariffs on U.S. Imports ($16 Billion) on August 23, 2018

China to Begin Imposing 25% Tariffs on U.S. Imports ($16 Billion) on August 23, 2018 in response to the Second Tranche of U.S. Tariffs

Dated: August 8, 2018 (see List of Products link below)

Chinese government’s Taxation Committee Announcement [2018] No. 7: (unofficial translation)

Announcement of the Customs Tariff Commission of the State Council on Adding Tariffs to Imported Goods Originating from the United States of About US$16 Billion

According to the “Notice of the Customs Tariff Commission of the State Council on Adding Tariffs to Imports of US$50 Billion Imported Goods” (Announcement of the Taxation Committee [2018] No. 5), the relevant adjustments to the list of tariffed goods in the US and Canada are now announced as follows:

1. For commodities subject to the tariff list of the US and Canada, the annex to this announcement shall prevail, and the tariff shall be imposed from 12:01 on August 23, 2018.

2. Other matters shall be implemented in accordance with the Notice of the Taxation Committee [2018] No. 5.

Attachment: List of tariff items for the United States and Canada

Link to List of Products (Google English Translation)

Source: Ministry of Finance Website – Government of China

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