China: China's Annual Tariff Adjustment Increases Pork to MFN Lowers Wood Fishery Rates
On December 15, 2021, the State Council Tariff Commission (SCTC) announced its 2022 annual tariff adjustment plan that sets tentative import and export tariff rates for select tariff lines. According to this year’s plan, China will tentatively lower the tariff rates for multiple wood and fishery products. China also increased the tariff rates for certain pork and orange juice products to or below the established MFN rate. The tentative tariff rates are applicable to tariff lines from all exporting countries. This report contains an unofficial translation of the SCTC notice, the list of known agriculture-related tariff lines subject to tentative applied MFN tariff rate changes in 2022, a commodity list subject to TRQ administration, and additional information regarding scheduled RCEP tariff adjustments.