China to implement tariffs on American goods worth USD 60 billion on September 24

Source: Tanjug Wednesday, 19.09.2018. 11:00
Comments
Podeli
Illustration (Photo: Provasilich/shutterstock.com)Illustration
Beginning with September 24, China will charge tariffs on American products worth USD 60 billion as a retaliatory move caused by new American tariffs, the Chinese Finance Ministry announced today.

Beijing will impose levies on U.S. products at 5 and 10%, instead of previously proposed rates of 5, 10, 20 and 25%, Reuters reports.

Where it planned to implement rates of 20 and 25%, China will now implement rates of 10%. One example is liquefied natural gas, where the rate of 10% will be implemented instead of the previously announced 25%.


The tariffs come into force on September 24, the same date the rates of 10% on USD 200 billion worth of Chinese goods come into effect.
Comments
Your comment
Full information is available only to commercial users-subscribers and it is necessary to log in.

Forgot your password? Click here HERE

For free test use, click HERE

Follow the news, tenders, grants, legal regulations and reports on our portal.
Registracija na eKapiji vam omogućava pristup potpunim informacijama i dnevnom biltenu
Naš dnevni ekonomski bilten će stizati na vašu mejl adresu krajem svakog radnog dana. Bilteni su personalizovani prema interesovanjima svakog korisnika zasebno, uz konsultacije sa našim ekspertima.