China Implements Supplemental Imports Tariffs on U.S. Products Exported to China 2018

Country:
China

Report Highlights: 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.

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