China Imposes A 25% Tariff On Pork Produced In The United States

- Apr 04, 2018 -

  On the evening of April 1, the Ministry of Finance issued a report stating that it had decided to suspend duties on seven types of 128 imported goods originating in the United States from April 2 on the duty of reducing tariffs.

  To impose tariffs on the basis of the current applicable tariff rates, impose a tariff rate of 15% on 120 items of imported goods such as fruits and products, and a tariff rate of 25% on 8 items such as pork and products.

  The current policy of tax-free and tax-exemption remains unchanged. Among them, 8 import products such as pork and products originating in the United States are suspended from tariff reduction obligations. Tariffs are imposed on the basis of the current applicable tariff rates, and the tariff rate is increased by 25%. 

                                                                                                      ——Yeslinkele.com


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