USTR finalizes first round of China tariffs (From American Shipper)
The United States will follow through with 25 percent tariffs on
approximately $50 billion worth of goods from China in 2018 import value,
mainly including industrially significant technology products spread across
1,102 U.S. tariff lines, the Office of the U.S. Trade Representative (USTR)
announced Friday.
“Two sets” of U.S. tariff lines
will be covered by the measures, including a first
setof 818 lines —
totaling $34 billion — of the original 1,333 lines included on a proposed list
published April 6, USTR said.
The second
set comprises 284
tariff lines identified by the interagency Section 301 Committee as benefiting
from Chinese industrial policies, including the “Made in China 2025” industrial
policy, and the set covers about $16 billion worth of imports from China.
U.S. Customs and Border Protection
will start to collect duties on the first set of products on July 6, USTR
said.
Both sets of tariffs are attached for your convenience. For more info, please go to
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