Posted on 09/08/2018 in category Legislation

China to impose a tariff on 333 categories of US products on 23rd August 2018

The Chinese Ministry of Commerce announced yesterday that China will impose an import tariff of 25% on commodities imported from the United States, including chemicals, crude oil, diesel, bikes and cars, medical equipment, energy products and all wastes/scraps listed in the annexed “List of tariff items for the United States” :
Other wastes (No.3,4,44,45,98,99,106,107,108,109,326)
Scrap Plastic (No.92,93,94,95)
Scrap Fiber (No.110,111,112,113,114,115,116)
Scrap Metal (No.118,119,120,121,122,123,124,125,126,127,128,129,130,131,132,133,134,135,136,137,138,139,140,141,142,143,144,145)

The Ministry's announcement came after the Office of the US Trade Representative announced on Wednesday (Beijing time) it will collect 25 percent tariffs on an additional US$16 billion in Chinese imports as from 23 August, and China will therefore implement the tariff measure with the US simultaneously, according to a statement released by the Ministry.

Read the US Scrap industry’s Statement on China’s Announcement of Tariffs on its Scrap Imports from the USA HERE.