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China imposes tariffs on some US imports

Original title: China decided to increase the tariff rate on some imports from the United States

On the evening of May 13, the Tariff Commission of the State Council issued an announcement to increase the tariff rate on some imported goods originating in the United States. That is to say, an additional tariff of 25% will be imposed on 2493 items listed in Annex 1; an additional tariff of 20% will be imposed on 1078 items listed in Annex 2; and an additional tariff of 10% will be imposed on 974 items listed in Annex 3. For 595 items listed in Annex 4, an additional tariff of 5% will still be imposed.

China's adjustment of tariff measures is a response to US unilateralism and trade protectionism.

China's Countermeasures: increase the tariff rate on some imported goods originating in the United States

According to the Tariff Commission of the State Council, on May 9, 2019, the US government announced that the tariff rate on the US $200 billion list goods imported from China will be increased from 10% to 25% from May 10, 2019. The above-mentioned measures of the US side have led to the escalation of Sino US economic and trade frictions, violated the consensus of the two sides on resolving trade differences through consultation, damaged the interests of both sides, and are not in line with the general expectation of the international community. In order to safeguard the multilateral trading system and its legitimate rights and interests, China has to adjust and impose tariffs on some imports from the United States.

The reporter noted that according to the announcement of the Tariff Commission of the State Council on increasing the additional tariff rate on some imported goods originating in the United States, according to the foreign trade law of the people's Republic of China, the import and export tariff regulations of the people's Republic of China and other laws and regulations and the basic principles of international law, the Tariff Commission of the State Council has decided to start from 0:00 on June 1, 2019 To increase the tariff rate on some imported goods originating in the United States.

Relevant issues include: in the announcement of the Tariff Commission of the State Council on imposing additional tariffs on imports of about US $60 billion originating in the United States (notice of the Tax Commission [2018] No. 8), the tariff rate of some commodities shall be increased, and in accordance with the announcement of the tariff Commission of the State Council on imposing additional tariffs on some imports (the second batch) originating in the United States (notice of the Tax Commission [2018]) No. 6, 2018).

That is to say, an additional tariff of 25% will be imposed on 2493 items listed in Annex 1; an additional tariff of 20% will be imposed on 1078 items listed in Annex 2; an additional tariff of 10% will be imposed on 974 items listed in Annex 3; and an additional tariff of 5% will be imposed on 595 items listed in Annex 4.

The reporter noted that the 2493 items listed in Annex 1 mainly include natural honey, granulated sugar, waffle biscuits and communion cakes, mango juice, coconut juice, etc. The 1078 items listed in Annex 2 include pencils, ball point pens, skates, directional compasses, etc. The 974 items listed in Annex 3 include American ginseng, sugar beet, peanut butter, white cement, etc.; the 595 items listed in Annex 4 include methyl ether, ether, camphor, wood activated carbon, etc.

According to the application of China's stakeholders, some qualified commodities will be excluded from the scope of additional tariffs on the United States

It is worth noting that, on the evening of May 13, the announcement of the Tariff Commission of the State Council on the trial implementation of the exclusion of goods subject to tariffs imposed on the United States and Canada (hereinafter referred to as the announcement) was also announced, with the contents as follows: in accordance with the Customs Law of the people's Republic of China, the foreign trade law of the people's Republic of China, the import and export tariff regulations of the people's Republic of China and other relevant laws and regulations The Tariff Commission of the State Council decided to carry out on a trial basis the work of excluding goods subject to tariffs imposed on the United States. According to the application of China's stakeholders, some goods that meet the conditions will be excluded from the scope of tariffs imposed on the United States, and some exclusion measures will be taken, such as no additional tariffs for the time being, and refund of duties that have been imposed if the conditions are met.

According to the provisions of the Trial Measures for the exclusion of goods subject to tariffs imposed on the United States and Canada (hereinafter referred to as the "measures") published in the appendix of the "announcement", the applicant is the interested parties applying for the exclusion of goods, including the enterprises or their industry associations engaged in the import, production or use of relevant goods in China. Industry associations are encouraged to apply on behalf of their members. It is reported that the scope of exclusion can be applied for is the goods that I have announced and implemented and have not stopped or suspended the imposition of duties.

According to the measures, the Tariff Commission of the State Council will organize the review of the valid applications one by one, carry out investigation and research, listen to the opinions of relevant experts, associations and departments, and formulate and publish the exclusion list according to the procedures. For the goods on the exclusion list, no additional tariff will be imposed on them within one year from the date of implementation of the exclusion list.