Ministry of Commerce: China has to make the necessary counter

In response to the US decision to impose a 25% tariff on US$16 billion from China’s exports to the United States since August 23, a spokesman for the Ministry of Commerce said on August 8 that the US’s move once again puts domestic law above international law. Is a very unreasonable practice.

The spokesman pointed out that in order to safeguard its legitimate rights and interests and the multilateral trading system, the Chinese side had to make the necessary counter-measures and decided to impose a 25% tariff on US$16 billion from US imports and implement it in parallel with the US.

On the same day, the Ministry of Commerce issued the “Announcement on Adding Tariffs to Certain Goods Originating in the United States.” According to the “Announcement”, according to the Ministry of Commerce’s Announcement No. 55 of 2018 and the Notice of the Customs Tariff Commission of the State Council on the Addition of Tariffs to Imported Goods of About US$16 Billion from the United States (Announcement of the Taxation Committee [2018] No. 7), The list of adjusted tariffed goods for US exports to China is now published. China will implement a 25% tariff increase on goods in the list from 12:01 on August 23.

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Post time: Aug-10-2018
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