China: China Implements Supplemental Imports Tariffs on U.S. Products Exported to China
On September 18, 2018, China’s State Council Tariff Commission (SCTC) announced that it would start enforcing additional import tariffs on U.S. products exported to China valued at $60 billion (“the Supplemental Tariffs”). This round of Chinese tariffs was first announced on August 3 in response to the U.S. announcement of a proposed $200 billion in additional tariffs and was reported in GAIN Report CH18043. The proposed Supplemental Tariffs were originally divided into four schedules, each with a different tariff rate (25, 20, 10, and 5 percent). In the September 18 announcement, SCTC combined Schedules 1 and 2 and set the tariff rate at 10 percent for both; Schedules 3 and 4 were also combined at a tariff rate of 5 percent. There are a number of food, agricultural, and agricultural-related products across these schedules. The Supplemental Tariffs went into effect on September 24.