USTR finalizes first round of China tariffs
Date: Wednesday, June 20, 2018
Source: American Shipper
The United States will follow through with 25 percent tariffs on approximately $50 billion worth of goods from China in 2018 import value, mainly including industrially significant technology products spread across 1,102 U.S. tariff lines, the Office of the U.S. Trade Representative (USTR) announced Friday.
“Two sets” of U.S. tariff lines will be covered by the measures, including a first set of 818 lines — totaling $34 billion — of the original 1,333 lines included on a proposed list published on April 6, USTR said.
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