China: China Imposes Additional Tariffs on Selected U.S.-Origin Products
On April 2, 2018, China’s State Council Tariff Committee (SCTC) announced that additional tariffs on 128 U.S.-origin products would be implemented, effective immediately. These tariffs were proposed by China’s Ministry of Commerce (MOFCOM) on March 23, 2018, in response to the U.S. 232 Trade Action. These tariffs will impact roughly $2 billion in U.S. food and agricultural exports. U.S. exporters of fruit (fresh and dried), tree nuts (shelled and in-shell), wine, ginseng, denatured ethanol and pork and pork products should be aware of these new tariffs effective April 2, 2018. This GAIN report contains a summary of three separate announcements relating to these additional tariffs: (1) an announcement by SCTC, (2) an announcement by the Ministry of Finance (MOF), and (3) a statement by the MOFCOM Spokesperson. This report also includes a table of the new tariff schedule that reflects the additional tariffs. Finally, this report contains unofficial translations of these announcements.