16 July 2018

China imposes retaliatory duties on 800 goods from US

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The Chinese authorities have imposed 25% duties on imports from the United States worth about $34 bln a year, according to a statement by the Main Customs Administration of the People's Republic of China.
The import duties came into effect at 12:01 Beijing time (07:01 MSK). reports citing the Xinhua agency.

According to the US Customs and Border Service, the United States on July 6 at 00:01 local time, introduced the first instalment of 25% import duties for 818 items of Chinese goods for the total amount of $34 bln. As a countermeasure, China simultaneously introduced 25% duties on goods worth a similar amount.

2018.07.06 / 14:51
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