China Announces Supplemental Tariffs in Response to U.S. 301 Tariffs

Country:
China

Report Highlights: On August 3, 2018, China's State Council Tariff Committee (STCT) announced proposed supplemental tariffs on U.S. imports, covering $60 billion worth of products. In the announcement, China stated that these tariffs were in retaliation for the August 2 announcement by the United States which considers imposing a 25 percent tariff on an additional $200 billion worth of Chinese imports. China has stated that the proposed supplemental tariffs will be implemented immediately if the United States implements the additional 25 percent tariffs. Included in this report is a list of the proposed supplemental tariffs for food and agricultural products only.

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