China’s Retaliatory Tariffs on $60 Billion worth of U.S. Goods
updated on 9/19/2018
In a press release issued on August 1, United States Trade Representative (USTR) Robert Lighthizer announced the President directed him to consider increasing the proposed level of the additional duty on the latest Section 301 List (List 3 worth $200 billion) from 10% to 25%.
On August 3, China responded in kind and threatened to increase retaliatory tariffs on $60 billion in U.S. goods should President Trump move forward with new tariffs on imports from China.
In addition to USTR’s proposed action on List 3, the second U.S. Section 301 List (worth $16 billion) just finished a public comment process. The White House has not announced its decision on List 2 as of yet. For an overview of the current U.S. Section 301 tariff status, please click here.
On 9/19/2018, China announced the rates would be 5 or 10%, instead of 5, 10, 20, or 25%.
Please click here for an unofficial version of the HTS Subheadings for Annex 1 (10% instead of 25%).
Please click here for an unofficial version of the HTS Subheadings for Annex 2 (10% instead of 20%).
Please click here for an unofficial version of the HTS Subheadings for Annex 3 ( 5% instead of 10%).
Please click here for an unofficial version of the HTS Subheadings for Annex 4 remain set at 5%.